Wednesday, 3 July 2013

Trade for Today

Greenback's super sweep against all major  currencies helped our call on buying Usd/Jpy and easily achieved target but US dollar is facing strong resistance now hence we recommend today to sell US dollar against major currencies.Although if 83.90/84.00 broken in Dollar index that we might see huge rally in Dollar itself.
Following are trade for today,
  • Buy Gbp/Usd at 1.5098 stop below 1.5000 target 1.5250
  • Buy Eur/Usd at 1.2945 stop below 1.2880 target 1.3040++

    For more info please visit:www.cfb.ae

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