Recent Recommended Trades
Monday, August 23, 2010
, Posted by Usman Ali Minhas at 3:07 AM
International Trading
Update Time:23 Aug 2010 INTRA-DAY EUR/JPY OUTLOOK - +108.25+
Euro's intra-day weakness to 108.44 suggests the
recovery fm Friday's 108.25 low has ended earlier
at 109.08 n resumption of recent decline to re-test
said sup is seen after consolidation, 107.70/80 wud
hold due to nr term loss of momentum.
Trade fm short side with stop as indicated, abv
wud risk another corrective rise twd 109.08...
Rate:+108.25+ Strategy:+Target met+ Position:Short at 108.65 Objective:108.25 Stop-Loss: Resistance:109.08/109.34/109.63 Support:107.80/107.30/107.00
