Tuesday, 8 December 2009

EUR/GBP Thoughts


This pair is looking very bullish to me. Theres a great big bull flag built as one one of the reasons while i took profits on the short i had yesterday. I hope it tests the bottom trendline sub 09000 which could be a good long entry. 8hr MACD also building well and normally 2 weeks of the same colour on the histogram suggests a turn is near.

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