Tuesday, January 17, 2012

EUR/USD on 17 Jan 2012 Tue

EUR/USD has been trending up to EMA50 (4 Hour) chart, and it is going towards resistance 1.2850 region.
Check 30 minutes chart we observed a divergence just happened.

I will hunt for short opportunity from now on, however, if market traded above 1.2850 and closed above 1.2880, I will abandon my short but looking forward to EUR/USD breaking above 1.2980-1.3000.

Pocketed 150 pts from US30 (on FXCM) Happy :)
GBP/USD long trade is closing with 100 pips profit soon.

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