EUR/USD Intraday Trading Report February 16, 2012


Update 1 (02:38 GMT): No surprises over the pair reacting to conventional news flow. Yesterday, based on certain comments from China, the price flew. Today, it is displaying much weakness with the price about to touch the 21 day bollinger (1.2941) at any moment. Stay cautious.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: