acetraderfx
AceTrader.com Representative
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DAILY EUR/GBP CROSS OUTLOOK - 0.8340
29 Dec 2013 23:06GMT
Despite Fri's brief bounce to 0.8392, subsequent
weakness to 0.8337 (NY) signals correction fm Thu's
3-week low at 0.8330 has ended n early fall fm 0.84
67 (Dec) wud extend to 0.8313 but 0.8300 wud hold.
Hold short for this move with stop as indicated
n only abv 0.8392 aborts bearishness on euro, risks
stronger retracement to 0.8415 b4 retreat.
STRATEGY : Hold short
POSITION : Short at 0.8350
OBJECTIVE : 0.8315
STOP-LOSS : 0.8380
RES : 0.8369/0.8392/0.8415
SUP : 0.8330/0.8313/0.8300
29 Dec 2013 23:06GMT
Despite Fri's brief bounce to 0.8392, subsequent
weakness to 0.8337 (NY) signals correction fm Thu's
3-week low at 0.8330 has ended n early fall fm 0.84
67 (Dec) wud extend to 0.8313 but 0.8300 wud hold.
Hold short for this move with stop as indicated
n only abv 0.8392 aborts bearishness on euro, risks
stronger retracement to 0.8415 b4 retreat.
STRATEGY : Hold short
POSITION : Short at 0.8350
OBJECTIVE : 0.8315
STOP-LOSS : 0.8380
RES : 0.8369/0.8392/0.8415
SUP : 0.8330/0.8313/0.8300
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