Wednesday, December 9, 2009

EUR/USD - RECOVERY EXPECTED


Hello everyone,

Its been a while and i decided not to post any analysis after the NFP, waiting for a good market condition, and I think i spot one on EURUSD.

The MACD ready for a rally and just confirmed it with good market strength on ADX. 1.47000 must be defeated for a good 40-50pips profit. Stoploss should not be more than 80pips.

Let us watch together.

James.

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