EUR/USD 2B set up

February 25th, 2009 | Tags:

eurusd-2b3

EUR/USD breaks below the previous lows 1.2700 and 1.2697. This is e very strong support level and we can expect a retracement. We place a buy order @ 1.2702 and stop loss @ 1.2688. As you can see a nice 40 pips profit could be made in the first 30 minutes.

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