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Sell EUR/USD @1.4340

Sell EUR/USD @1.4340

2011-05-30 11:01:00
Joel Kruger, Technical Strategist
Share:

The Euro has found some decent support for now by the 100-Day SMA just under 1.4000, and the market is now undergoing a corrective rally in search of a fresh lower top. Look for any rallies above 1.4300 to be very well offered and we have placed an entry order above the figure accordinlgy. STRATEGY: SELL @1.4340 FOR AN OPEN OBJECTIVE; STOP 1.4460.

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