EUR - USD 14 DEC 2009 ( PROFIT )

nearest bearish target will be at 1.4450. A break below that area should trigger further weakness for the Euro towards 1.4250 area before aim for 1.4050 – 1.4000 area in longer term point of view. On the upside, resistance is seen around 1.4720 and 1.4820 area. Only break above 1.4820 area could be seen as bearish failure testing 1.4950 and 1.5140/50 area.

11PIPS WITH ROKOKSALEM

SELL : 1.4623 ET /TP: 1.4612 SL: 50PIP