Tuesday, March 31, 2009

EUR/US revisited

We just crossed the 200 day MA on the 15 minute chart of the EUR/USD. We also crossed the 200 day MA of the daily at around 1:15. So, even though there is serious event risk surrounding this move, I just went long a little. The fact that a senior ECB official said that they would probably be easing a couple of days ago...this could be a "selling on the news" type thing...we'll see.

No comments:

Post a Comment