Monday, October 19, 2009

Choppy retracement day for EURUSD 19 Oct 2009


Hi all,

as EURUSD is going for a retracement with sellers looking for a lower low, expect the 1.4820 support to come under testing today. Trading plans would benefit if the aim is to scalp for 10 to 20 pips.


Trade with care and stick to the plan.

Regards,
Siwei