10-21-08
3:26a GMT – Pair is at dangerous point right now, though technically I am looking to sell into rallies. Pair has broken through my last buy point without producing a bullish reversal signal so no long trade was entered. Have broken support I am now looking to sell as the downtrend appears to be intact. Closest resistance level is at 1.3415.
Trading Idea: Looking for bearish candlestick or indicator signals to confirm the short trade around 1.3415, with short targets favored down to 1.3205.
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