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Remaining long EURUSD

Remaining long EURUSD

2012-02-20 17:15:00
David Rodriguez, Head of Product
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From last week: "I took a EURUSD long position on Thursday evening as I expected a EURUSD pop into Friday's close."

I closed the position on Friday evening, but re-opened at Asia market's open and have a stop below 1.3160. I like a break higher, and I write as much in this week's forex strategy outlook report.

--- Written by David Rodríguez, Quantitative Strategist for DailyFX.com

To receive this author's reports via e-mail, contact drodriguez@dailyfx.com with subject line "Distribution List".

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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