Monday, May 2, 2011

Trade Idea Wrap-up: EUR/USD – Look to buy again lower

The single currency found renewed buying interest earlier today just above the Ichimoku cloud bottom at 1.4762 and has resumed recent upmove in line with our expectation (our long position entered at 1.4785 met target at 1.4885 with 100 points profit), further gain towards 1.4955/60 (50% projection of 1.4494 to

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