February 26, 2009 02:33

Technical Analysis – EUR/USD Long Support within Reach

By:

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)
 

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1 Comment on "Technical Analysis – EUR/USD Long Support within Reach"
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    March 6, 2009 at 15:50
    Keyclobbile says:

    Thank you!

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