Daily analysis and trading strategies 8-30-10

August 31st, 2010 | Tags: , , , ,

EURUSD
Trading strategy: standing aside
Euro’s consolidation above 1.2700 continues but its recovery is still modest, upside being capped by 1.2770 – following the EURJPY which is facing resistance around former support zone, at 109.25. Short-term studies are bearish while the pair is trading below 1.2900 and its recovery being weak. Interim …



[please click the title above to view the entire article]

Leave a comment | Trackback

No comments yet.