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FX.co ★ EUR/USD Bullish Perspective, February 22, 2011 (Daily Strategy)

EUR/USD Bullish Perspective, February 22, 2011 (Daily Strategy)

EUR/USD Bullish Perspective, February 22, 2011 (Daily Strategy)

EUR/USD

After a drop of 150 points around 1.3526 the pair has managed to rebound to the level of 1.3688, as in his fall he founds the first weekly support and fell to negotiate the same price the day of yesterday

due to the pair not managed to stay down, we mention that a return to weekly pivot at 1.3611 would be a good entry point in long, with a target around 1.3790

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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