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Forex Market: EUR/USD Sell Alert

Written by Britt Maras on June 1, 2009 – 7:13 pm -

Forex Traders May Consider this Forex Signal with a Bear Entry

 

Sell EUR/USD at 1.4179-95 (I prefer a sell near 4195′ish) level targeting T1 1.4107, T2 at 1.4070 and T3 at 1.4015

 

Stop loss will be 1.4235 or less once we see new resistance set around the entry level. I will step back here to kill a failure and reconsider a new entry if conditions warrant.

 

Resistances: 1.4200, 1.4246, 1.4291

Supports: 1.4144, 1.4135, 1.4109, 1.4070 and 1.4000

 

I will be back later with Market Timing Alerts

Britt


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Posted in Trading Signals & Strategies |

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