Currency Analysis 28th July

Update: Very little change, as the euro popped its head up briefly above 1.3000, and then back to the range.
We’ll have to wait and see if we get another rally from here. The strategy remains unchanged, apart from small
adjustments to the support levels above. Probably best to focus on trading in the direction of the bullish trend
today.
Summary: Buy dips to support levels listed above after a clear G7 entry signal, allowing for a retracement as far
as 1.2630. First target 1.3000 and then 1.3120.

July 28, 2010 Post Under Analysis - Read More

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