EUR/USD Intraday Trading Report February 17, 2012


Update 1 (02:48 GMT): The price rebounded sharply from yesterday’s low. According to certain “insider sources”, this rebound was nothing but algo trading at its best. The 100-day MA 1.3309 is once again in focus; this price level can be touched if the existing bullishness prevails.

Advertisements

About Praveen Pious Francis
A part-time blogger who has a wide range of interests including investing in the stock markets across the globe and broadband technologies in India.

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 )

Google+ photo

You are commenting using your Google+ 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 )

w

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: