Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account


DailyFX Home / Analyst Picks / Joel Kruger

Long EUR/USD @1.2460

By Joel Kruger, Technical Strategist
08 June 2012 11:01 GMT

Fresh long established on Friday in European session following excessive hourly pullback. Despite the retreat, we still see a chance for a bullish weekly reversal and like the idea of buying a dip with hourly studies well oversold. Stop only if market closes in NY below 1.2400.

provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from

08 June 2012 11:01 GMT