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Thursday, November 8, 2012

DAILY FX TRADING TIPS | EURUSD INTRADAY UPDATE | DESCENDING TRIANGLE

It looks like a formation of a descending triangle in eurusd with base at 1.2716.

A break of this base and close below it poses a target of 1.2680 on intraday on the basis of pattern.

eurusd chart picture showing a descending triangle formation

Strategy is to sell below 1.2716 with target of 1.2680.

2 comments:

  1. Currency tip 3-feb
    MCX-SX CALL: SELL EUR/INR (FEB.) BELOW 84.87 TG-84.74/84.55/84.30 SL-84.15
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    ReplyDelete
  2. GOOD MORNING NIFTY SPOT TREND- CONSOLIDATE RES1:8055 RES2:8110 SUPP1:7890 SUPP2:7790 STRATEGY- SELL ON HIGH
    currency tips provider

    ReplyDelete

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