The Best Cross to Trade now
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EURUSD
Fri, Nov 13 2009, 06:24 GMT
by Rajoo C
Precise Trader

Market Insight
The Hourly Trend is Sideways Down while 14935-75 level holds. The Hourly Oscillators are Bearish and ADX is rising while the price is falling and the price is within the MA. On the 5 min is choppy but along the Down Channel and the price patterns are suggesting lower and the upside should be limited to 14910-50 levels.
Patterns
The price is now in a consolidated mode and expect the price to break lower once 14815 gives way.
Today’s Strategies
We prefer to SHORT on rallies near 14935-75 with a STOP @ 15025 with a profit target of 14815-14790 levels. If the high doesn't go beyond 14910 then SHORT on the break of 14815 for a 14720 as price target.
Published on
Fri, Nov 13 2009, 06:28 GMT
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