Thursday Charts That Matter

Article originally published on innerfx.com and republished here with permission

Good morning. The euro and other risk-sensitive currencies gained more ground since Tuesday and it’s likely that they would continue on the same path in the coming days.

EURUSD

Market sentiment: intraday – bullish, short-term – bullish

Potential trade strategy: to buy either on break of 1.3150 or on a pullback to 1.3050, target at 1.3250+

EURUSD daily 10-18-2012

EURUSD daily 10-18-2012

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About abwehra group

The Art&Science of Trading Gold
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