Jul 24
It looks like I’m stuck with EUR/USD at least for now until I get the grasp of how blogging and trading works at the same time 
I think E/U is the most traded pair so it should be okay for at least a little. I _will_ look at other pairs also starting from (the near future) don’t worry. My personal favorite is the GBP/USD by the way.
Okay, here’s the deal, if euro can hold the support at 1.5645 and maybe a little bounce back up to 1.5695 then we could see a spinning top or doji candle that might suggest a weakening in the recent downtrend. If not, then we have to seriously think for a minute about the dollar bulls and that this retracement is not a retracement afterall…
One Response to “EUR/USD short term outlook”
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July 24th, 2008 at 16:38
It’s testing at the minute I was writing this post. If it holds, maybe a good place to start a little long pos.