Tuesday, October 12, 2010


After the profit-taking caused a drop, the Euro looks as though it's consolidating for now.

I have appointments the next couple of hours so won't be blogging until later but I went long the Euro at 1.3808 this morning looking for another test in the 1.39 range. I've already moved the stop to breakeven. If it continues to drop the 1.3335 price could be hit which would be attractive for a long position.

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