Sunday, May 5, 2013

EUR/USD ENTERY AND SIGNAL 05/05/2013

looking forward to exploit the statement by markel, she said eur/usd should move between 1.3000 and 1.4000 that was weeks before the eur zone raise discussion on interest rate cut, a week before the interest rate cut, my babe ( i mean Angela markel), said German will welcome interest rate hike, which gradually took eur/usd to 1.3240. while i believe are verbal influence on eur, was after interest rate cut and still eur was unable to nullify  1.3030. i am not in favour of any direction, but looking forward to price action at 1.3253 and 1.3040,
 my trading opinion  on eur/usd is
sell limit @ 1.3251
buy limit @ 1.3040


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