Week 19 of 2010 (May 03 - May 07)

EURUSD is moving smoothly in a nice downward trend and it seems that we might be seeing EURUSD touching 1.3000 level during this week. Traders will currently be hoping to get EURUSD around 1.3400 level for a nice dip towards 1.3100 level. 

Since EURUSD took a good retracement by the end of last week so we expect that EURUSD might look to take a dip and then take some retrace and in that case conservative traders might not get the trade but the aggressive traders might benefit from that.


0 comments:

Find It