Monday, April 4, 2011
Hourly Forex Trading Strategy #GBP - Window for Downside Acceleration
With the erratic rally to fail a 50 percent corrective target, Sterling is in position to accelerate the downtrend on a loss of 1.5970 and 1.5935 support. Be wary of an erratic decline to hold 1.6020 that projects a final upside spike to a full 61.8 percent target of 1.6225 before the downtrend resumes in earnest. (Ref:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment