Tuesday, May 5, 2009


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.

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