Additional Trade For GBPUSD
Tuesday, February 16, 2010
There's a need to open another position for GBPUSD as this pair hit the resistant level. Yup, another short position for GBPUSD. This pair passed the test for resistant level, which make the resistant level even more significant.
So far, USDJPY don't have any significant movement. The pair still oscillate at the same level which make it very uneasy to determine direction of this pair. So, I better stay away from this pair at this time, for the level of uncertainty is very high.
EURUSD is moving down after the retest for resistant level fail. The main bias for this pair is bearish, so it's not recommended to take the bull. So far, there's no sign of reversal. However, I'm not going to trade EURUSD at this time for some reason.
Stay tune for the trade updates.
So far, USDJPY don't have any significant movement. The pair still oscillate at the same level which make it very uneasy to determine direction of this pair. So, I better stay away from this pair at this time, for the level of uncertainty is very high.
EURUSD is moving down after the retest for resistant level fail. The main bias for this pair is bearish, so it's not recommended to take the bull. So far, there's no sign of reversal. However, I'm not going to trade EURUSD at this time for some reason.
Stay tune for the trade updates.
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