Technical Analysis – EUR/USD Long Support within Reach

2-26-09

2:26a GMT – We caught a few 60 and 40 pip bounces off of our 1.2695 support from yesterday though so far the EUR/USD has been unable to keep the rally going which makes the long less appealling. However, the support at 1.2695 is still strong and as long as that holds I am either bullish or looking for a range trade.

Trading Idea: Still looking for long positions at 1.2695 support. Long targets at 1.2760 and 1.2845.

(click to enlarge)
Technical Analysis   EUR/USD Long Support within Reach 

Click here to receive my free forex signals via email
Click here for more info on how to use my free forex signals
Click here to learn how much you can earn with our Forex Income Calculator
Discuss this signal with me and fellow traders at the new Forex Discussion Groups

1 comment to Technical Analysis – EUR/USD Long Support within Reach

Leave a Reply

 

 

 

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>