Blindfoldedmonkey

Friday 9 August 2013

EURUSD DAILY STRATEGY

Direction: short
Target: TP1 - 1,3335
Protection: SL - 1,3405
Our setup: 1,3380

Background: The great picture is that the pair is pretty bullish. Since 2nd of August the cross showed a huge gain. Almost each day was up for 7 days in row. Today is Friday, so could come some correction because before the weekend the  long traders covering the profits on their positions. Technically it needs to come a correction too today.
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