sreebhashyam

EUR - NEARING CORRECTION

Long
FX:EURUSD   Euro / U.S. Dollar
Recent upward move is met with corrective moves. 1.2050-1.2180 is the bigger area of this range. This is further skewed now 1.2105-1.2175. Almost all the Euro crosses also display this tendency. Some time bound correction or price based correction one needs to see. Dice in favour of upmove than down move. Intra-day 1.2125 can be bought with 1.2095 stop for 1.2175.

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