We seem to have reached a important CL( see two small charts) and price action has in my opinion changed/ turned at 1.4700 with the candles/bars telling their own story- although i am getting conflicting signals but have still taken all profit on my long positions and am now flat.
"A bird in the hand is worth two in the bush" situation? I am still looking for the Euro to have a bash at 1.5000 in the coming months but suspect that we may see a RT first.
Wednesday, 27 April 2011
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