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EUR - USD 23 FEB 2010 ( PROFIT )

The EURUSD didn’t make significant movement yesterday. The main trend remains bearish but as you can see on my h1 char below price still move inside the minor bullish channel indicating the bullish corrective movement actually still intact with technical target around 1.3750 area but we need a consistent move above 1.3650 to continue the upside corrective movement. The bias is neutral in nearest term but I still prefer a bearish scenario as traders’ sentiment for Euro zone fundamental situation remains negative.

11PIPS WITH ROKOKSALEM

SELL : 1.3641 ET /TP: 1.3630 SL: 50PIP
 

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