Let the market tell you where it is heading. Do not chase it. Be patient.
Would be good to look for long entries around 1.4020 with controlled stop loss.
Wednesday, January 20, 2010
EUR heading down?
The EUR dropped below 1.4300 this morning as I type this. It looks quite probable that the EUR is likely to continue to retrace and my 1st target would be around 1.4020.
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