02.8
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Technical analysis of forex market Feb 08,2012

by admin ·

Markets were waiting for good news yesterday in Greece and income parity is finally on 3080 3280. This question of a
financial agreement between Greece and its creditors will still hold our attention and exacerbate volatility because every rumor can push up the euro to 1.35. Our advice in the morning, 3280 is an ideal point of shorts but can we shorting parity with rumors and encourage buyers? It is difficult and dangerous to your capital.


Therefore it is only for adventurous with stoploss between 3295 and 3305 for a return of 3240/20.
The strategy to be followed but rather to support the rumor and buy on a retracement is bearish, provided they remain above the 3220/40 for a return of 1.35 in the medium term. But short term, we can consider 3320 and 3380.
For the rest, no statistics will disrupt the day and again only Greece will hold our attention.

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