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Disclaimer: This is my personal Blog, reflecting my very own views on Forex , shares and commodity tradings. As such, all informations provided here are barely for information purposes only,. The author should not be held liable for any errors, incomplete information, delayed messages, or for any actions taken in reliance on information contained herein.This blog is new, being established on 06,May.2010. While I am executing trades, posting will be sent simultaneously. The date/Time indicated here is of US Pacific zone(++15 Hours for Singapore/KL/Beijing, Or ++7 hours GMT)

Monday, May 17, 2010

Mild Reversal is in Progress for EURO/USD and GBP/USD

There is a mild reversal for Both EURO/USD and  GBP/USD Pair.

Euro/Usd is now traded at 1.2310-1.2320 ; Whereas GBP/USD is now traded near 1.4430,  Please keep a close watch this Reversal, you may Enter Now,  Both on BUY(LONG) with close Stop Loss and Trailing Stop.

There is also a mild reversal on Equity/Stock on Europe open, with approx. 1 % improvement on Average now.

These currency pairs' Reversal may last for sometimes and may be quite significant in view of the severe OVERSOLD status after a two-week sell off., Be prepared for the expected High Volatility.

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