
EUR/USD Daily outlook - February 15th, 2011 -9:50 am gmt timeEUR/USD intraday: neutral / long above 13560
Current rate: 1.3525
Important support point : 13420
Signal : Trading signal generated yesterday at 13440 / stopped out at 13530 / -90 pipsMost Likely Scenario :Yesterday false break below ema 55, caught us at market bottom.
Rebound on ema 55 (despite false break) is playing in favour of bulls.
Long position above 13560 for 13640 (fib ret 50%) and 13690 (fib ret 62)
EURUSD Trade closed
Stop loss triggered this morning at 13530
(entry : sell at 13440) = -90 pipsComments:
We have been caught yesterday...