Thursday, September 29, 2011

Forex Signals – EURUSD Bearish Hints

Daily Outlook: Our aggressive short from yesterday’s signal got stopped out,
to get short on the downside break of the rising trend support which got about +60 pips into the profit.
Trading Idea: Today we are tracking a new rising trend support (blue line above) and our primary trade will be short on a sustained break below this support (currently at 1.3600) with targets at 3580, 3555, 3525 and 3500 for 100 pips potential. If the sustained break closes too far below 3600 we will wait for a pullback to enter.

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