fxpulsation
Posts : 8759 Join date : 2012-01-25
| Subject: Short Eur/cad Wed May 30, 2012 12:18 pm | |
| Short Eur/cad Quotes from RBS: -After a brief retracement higher, EUR/CAD is once again testing our take profit level of 1.2780. Our short-term fair value, currently at 1.21, still points towards significant downside in the pair. However, our expectations for EUR weakness as markets prices in easing expectations appears to be discounted in markets and as a result we are wary of establishing new short EUR exposure at current levels. More FOREX-news on pages InstaForex.Com TELETRADE: Forex Managed Accounts Project | |
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