Signal Trader - EUR/USD Daily Outlook, Mar 9, 2011

Signal Trader - EUR/USD Daily Outlook, Mar 9, 2011

Postby SignalTrader » Wed Mar 09, 2011 11:28 am

Technical Overview:
Looking at the Daily chart, EUR/USD downward momentum has stopped on the critical support area of 1.385-1.386.

Trading Idea: Best levels to enter LONG positions are between 1.385 and 1.387.
Target is between 1.391 and 1.393.
A break below 1.385 will be a strong SHORT signal.
Analysis by Signal Trader – the leading solution for Automated Trading. Autotrade on Forex, Indices and Commodities.

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