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.

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. If you feel that this post has helped improve your daily trading activities, please consider donating to my PayPal Donations encourage me to keep on researching newer day trading strategies.

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