Tuesday, April 20, 2010

2010-04-20

eur/usd changed direction overnight, after get the low of 1.3450, it runs up to 1.3525 nad then pulls back to 1.3475. I plan to short at 1.3490 level...



As the news comes out at 6:00 for CAD rate, USD got sold, I was longing eur/usd.
BOC said, with recent improvements in the economic outlook, the need for its low-rate pledge is now passing, and it is appropriate to begin to lessen the degree of monetary stimulus.




Update: USD/CAD hit 1.0000 and bounce back, I closed my eur/usd position at 83. It's still down trend / bearish view on 5 and 15 minutes chart.


At the last, I wasn't able to do what I planned. Dannngggggg...

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