18/09 EURGBP Forecast

[samifx]

Scope:Short-term

Our scenario: Direct rise.

Strategy:We buy.

Buy at 0.6950. Strengthen your line when 0.6980 bypassed for a target at 0.7010. Close the trade whenever 0.6935 is penetrated.

[james]

The Euro also dropped heavily against the Yen as investors dumped risky investments overnight, the short term indicators though started showing an upside potential that might take the pair down to the major support at 155.29 minor support is seen at 155.73, as the pair is trading within an oversold area.