14 June, 2011

EU on June 15 2011

Target achived = 32 pips
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The EURUSD moved modestly higher again today. However, price did close well off the day’s high. Support sits near 1.4320, whilst price is above this support it is likely to move drift higher to sideways. Resistance comes in near 1.4700. If price breaks below support near 1.4320, we could see a larger move lower.


GBP USD June 15 2011 - A pin bar

A pin bar/shooting star on Daily Candlestick of GBP USD pair. I might consider on the London opening...