08 March 2014

EUR/USD : At Crossroads

  • Price action of last 2 days looks bullish, above 1.3832 chartpoint.
  • Perhaps there is a trade here somewhere. Just not sure whether to go with the apparent bullish action or to fade it. This could be near to top of trading range, or start of new higher range.
  • Might start with buying as near to 1.3832 as possible and stop reverse on close below.

3 comments:

Taichiseal said...

+1.3855

Testing testing waters only.

Taichiseal said...

Low conviction trade, for now ...

Taichiseal said...

Squared at -1.3850 (flattish).