Monday, April 12, 2010

2010-04-12 Can we long eur?


It was a busy night yesterday, eur/usd tested high at 1.3690 and pulls back to 1.3570 level, I don't think it's going to fill the gap soon, at least not before tomorrow's Greece bond sell. We will see the market reaction on that. It's true longer term eur is bearish, but near term, this news need to have some effect.

I long EUR/JPY at 126.60, stop 126.50 and will take some off the table at 1R.

Reason for using eur/JPY is I coudn't get my eur/usd order filled.

No comments:

Post a Comment