EUR - USD 7 APRIL 2009 ( RESULT PROFIT )

The EUR/USD has stabilized above 1.3350 after the nasty sell off earlier this morning found a base above 1.3320. Asian equity markets are pretty quiet with the Nikkei up around 0.30% and this has helped the EUR/JPY recover from the plunge earlier today.Hourly resistance is found around 1.3405 and a break above that level would ease the downward pressure. The EUR/USD trades 1.3362/67.

11PIPS WITH ROKOKSALEM

BUY/LONG : 1.3426 ET /TP: 1.3437 SL: 50PIP