Thursday, September 23, 2010

Yesterday Trade review

Euro
Euro broke the 1.3331 resistance level and ran up above 1.3415. Due to this, I didn’t enter any Euro trades and was waiting for a retracement which didn’t quite happen.
















GBP
Sterling didn’t manage to reach 1.5727 yesterday and was pretty much ranging around 1.5646 Fibonacci levels of 50%. I didn’t get any trades on the sterling either, so let’s see if anything works out today.
















Aussie
I didn’t get a chance to get into a long position in the Aussie, as it never quite reached 0.9500 levels. It did breach close to 0.9600 but bounced off quickly. It seems like 0.9600 is holding up as a strong resistance.


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