Friday, November 20, 2009
In the short-term I will look for range opportunities in the triangular consolidation with a definite leaning towards bearish trades and selling on rallies. I will look for bearish candlesticks to confirm, and look for entries around 1.4950-1.4980 resistance.
Today Shorts preferred. From 1.4980 resistance targets are 1.4950, 1.4915, 1.4880.