Wednesday, August 03, 2005


The EUR/USD descended down to 1.2150 in the Asian session as was predicted in the previous post, collecting about from 20-50 ips depending about exit strategies. Now the pair mey a strong support at 1.2150 reversing the direction to reach 1.2206 at the time I am writing this comment. Oanda FxTrade platform is at 12.00EST, so everyday starts at 12.00 EST, (-7 GMT)

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