Tuesday, October 19, 2010

EURUSD—update

I took partial profits at +137 pips. Euro touched a low of 1.3792 which is close to a prior Elliott 4th wave at 1.3775. If it breaks that then next supports are 1.3750, 1.3630, 1.3500, and 1.3335. I added a second position at 1.3855 earlier but I've already moved the stop on that to breakeven.

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