Monday, April 4, 2011

Hourly Forex Trading Strategy #EURO - Possible Rising Wedge to 1.4415

We suspect the Euro is vulnerable in the short term but as the 1.4140 to 1.4165 range holds the Euro is likely to ratchet to the upside to 1.4350 and eventually the 1.4415 target. Only below 1.4020 would open the potential for an early downside reversal. (Ref:

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