Monday, August 23, 2010

EURUSD 2010-08-22 Analysis

(Technical analysis done by Eric Lye in our Forex Trading Blog.  The purpose is to share how we analyze the market and put ourselves on the side of higher probability of things happening.)

Preparing for the new week.  We have quite a good indication that this pair is heading lower.  I would look for a good sell signal and see if I could hold on to the trade, but it all depends on the market.

EURUSD 2010-08-22

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