May 5, 2009 05:15

Forex Signal – EUR/USD Euro Bulls Charging

By:

5-05-09

6:26a GMT – Euro bulls are in charge as the pair made a new higher high yesterday and higher low, signaling that the uptrend is still intact. Buying on a significant support off a bounce or buying a break of resistance will be my attack.

Trading Idea: Good support at 1.3250 and 1.3200 that I would buy a bounce off of. Long targets at 1.3295, 1.3240 and 1.3395. Tight stops.

(click to enlarge)
eu50409buying

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2 Comments on "Forex Signal – EUR/USD Euro Bulls Charging"
  1. Comment left on:
    May 5, 2009 at 12:12
    didik says:

    good job

  2. Comment left on:
    May 5, 2009 at 12:44
    Andre says:

    KEEPING MY EYES OPENED…

    Bernanke will speak… and I’m waiting for a SHORT POSITION…

    ISM Non-Manufacturing PMI …

    GOGO!

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