Trade Opportunity EURUSD

Posted on Wednesday, April 13th, 2011 at 9:45 am.

The Euro is currently range bounce between 1.4510 and 1.4453. Most other currencies traded against the USD have seen some losses over the last 2 days except the EUR and CHF. I think this presents a great opportunity to get in on a EURUSD trade. Look for a break of 1.4453 on the 1 hr chart. Preferrably during the London session and the look to ride it down to 1.4400 or beyond.

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