EUR - USD 23 APRIL 2009 ( RESULT PROFIT )

After touching 1.2885 overnight the price rebounded to 1.3038, stopping our short trade and recording a bulliish key day reversal. The price leaves the oversold daily studies forming a base, with the stochastic poised for a bullish cross. Our bias is for a stronger corrective bounce, while 1.2885 holds. Hourlies are neutral.

11PIPS WITH ROKOKSALEM

SELL/SHORT : 1.2976 ET /TP: 1.2965 SL: 50PIP