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Long EURUSD, Moving Stop

Long EURUSD, Moving Stop

2012-02-23 11:55:00
David Rodriguez, Head of Product
Share:

I remain long EURUSD with an average entry price of $1.3240, and it's time to trail the stop to roughly breakeven. I remain quite bullish as per the SSI's weekly US Dollar forecast.

I'm still targeting a move towards $1.3550.

--- 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".

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