Sunday, November 8, 2009

Stops still going off in EUR/USD


Stops still going off in EUR/USD

http://www.forexlive.com

Well it played out pretty much as we had expected. Seller at 1.4915 with lots of stops just above and the high so far has been 1.4942. The cable and the AUD/USD haven't really followed the EUR/USD higher so this certainly looks like an isolated case of stops going off.

Forex Live

The opinions and analysis offered on Forexlive are for educational purposes only and clients and prospects are advised to carefully consider the opinions and recommendations offered by the analysts and to use the analysis and opinions in conjunction with the client and/or prospects own independent analysis.

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