Monday, 27 July 2009

Possible break to 1.4280 for EUR

The current price of EUR/USD is: 1.4226. The GfK German Consumer Climate data will be released today at 6:00 am GMT and the expectations are positive and the EUR will most likely test to reach a level of 1.4280

Comment:
Position EUR/USD bought at the price of 1.4230 at 4:40 am GMT and position sold at level 1.4285 at 11:10 am GMT (profit of 55 pips)