Search This Blog

Wednesday, October 27, 2010

FX Update 10/27/2010

Good afternoon, late comments since market was uninspiring with month end flows.
Looking at price action and technicals, I think EURUSD might base here.
There s been some huge selling and it feels over to me for the mom.
I just tried the long side @ 1.3765, initially having strong support points around 1.3735-55. Ideal target would be around today's highs or better.

I will be away until Monday.

Wish you good luck trading.

No comments:

Post a Comment