Buy EUR/ USD – Book profits at 1.2956

Quotes with Resistance & Support

Market Information

Posted on: September 28th, 2012 at 10:44 am

Technically is in an uptrend. Has good support near 1.2850. One can enter at cmp: 1.2928 for a target of 1.2965

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Sohan Says:
September 28th, 2012
Posted at: 8:43 pm
Hello CB,
Booked profit.
But then it just went down, it took an elevator down.
I have re-entered at 12855 which is a good support level. Lets see if it holds.s
Below 12850-12840 we will see much lower levels.
Daily chart on double bottom so may be it will reverse back to 1.3000 levels. Lets see.
Your opinion please
Sohan
CB Says:
September 29th, 2012
Posted at: 2:14 am
Hi Sohan, yes, did correct later due to positive dollar. it can test 1.2875 again. hold for now.
Sohan Says:
October 2nd, 2012
Posted at: 2:28 am
Hello CB,
Good Morning.
Planning to sell NZD/USD. Please let me know your opinion.
Sohan
CB Says:
October 2nd, 2012
Posted at: 2:10 pm
Hi Sohan, Good morning. no, don't go short on it yet. looks strong.
Sohan Says:
October 2nd, 2012
Posted at: 2:36 pm
Hello CB,
Thanks very much.
Sohan
CB Says:
October 2nd, 2012
Posted at: 4:46 pm
Hi Sohan, most welcome