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EUR/USD Trading Analysis for 3 March 2011: Buy EURO Above 1.3845

By Bhaveek Patel Leave a Comment

Intraday trading analysis (tips) for EUR/USD 3 March 2011, we recommend, Enter long (buy) EUR/USD above 1.3845 for target of 1.3875 and 1.3915 also place protective stop loss below 1.3815.

Reason to go Long: The ECB has left the interest rates unchanged at 1%. Also EURO had tested its support level and the pair is now rebounding from that support. RSI support the up move and is in favor of the trade on 4 hour chart. So we can see the pair to strengthen further and move towards its next resistance which is at 1.3855 level, so the up-trend must continue and trading in the direction of the trend we recommend to trade long (buy) on this pair.

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  1. EUR/USD Intraday Trading Analysis: Buy EURO Above 1.3815 Intraday trading analysis (tips) for EUR/USD 1 March 2011, we recommend, Enter long (Buy) EUR/USD above 1.3815 for target of 1.3855 and 1.3895 also place protective stop loss below 1.3795. Reason to go Long: EURO...
  2. EUR/USD Trading Analysis for 11 March 2011: Sell EURO Below 1.3795 Intraday trading analysis (tips) for EUR/USD 11 March 2011, we recommend, Enter short (sell) EUR/USD below 1.3795 for target of 1.3745 and 1.3715 also place protective stop loss above 1.3815. Reason to go Short: The...
  3. Forex: EUR/USD Trading Analysis for 24 March 2011: Buy EURO above 1.4125 Intraday trading analysis (tips) for EUR/USD 24 March 2011, we recommend, Enter long (buy) EUR/USD) above 1.4125 for target of 1.4165 and 1.4195 also place protective stop loss below 1.4105. Why to trade long: The...
  4. Forex: EUR/USD Trading Analysis for 14 March 2011: Buy EURO above 1.3945 Intraday trading analysis (tips) for EUR/USD 14 March 2011, we recommend, Enter long (buy) EUR/USD) above 1.3945 for target of 1.3995 and 1.4025 also place protective stop loss below 1.3925. Reason to go Long: The...
  5. EUR/USD Intraday Trading Analysis for 22 Feb: Buy EURO Above 1.3645 Intraday trading analysis (tips) for EUR/USD 22 February 2011, we recommend, Enter long (Buy) EUR/USD only above 1.3645 for target of 1.3679 and 1.3715 also place protective stop loss below 1.3625. Why to go Long:...

Category: Forex Tags: Eur/Usd/ Forex/ Forex Trading

About Bhaveek Patel

Bhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.

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