Sunday, 1 July 2012

Forex EUR/USD.

Daily Chart of EUR USD was showing weakness.

See the 1 hour chart of EUR USD.

As you can see 1 hr chart made red candle after price enter into Resistance,hence went short.
Since Exposure is more than 1:100 will exit on first target.While posting EUR/USD already touch
1.2637X with profit of almost 37 pips till date. Stop loss is 2 hr chart closing above high.

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