EU - Breaking through High

We have broken the High of yesterday at 2778. Whilst still above 2760 the bias is still for trying higher. Under 2750 and 40 would change that to back down

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Comment by Peter jcp on November 15, 2012 at 3:23pm: Above 2785 and 2780 - still in a buy mode . Check out resistances then in 2800 area

Comment by Oasis on November 15, 2012 at 3:34pm: I think I have had enough of this pair for a while. Thanks to Brian and you, held on till 2800 and am out now. the head fells lighter already. :)

Comment by Peter jcp on November 15, 2012 at 3:49pm: Nice one Oasis - over 2780 still might try again and if 2805 is broken chance for 2820. The EU is a difficult pair - as most money and trades entered on it - although attractive for retailers as spread as low as 0.5 pips ( great for scalpers;-) )

Yes just mentioned to Brian about some other main pairs - as EJ and GJ have been great movers etc as well.

Wait until you get $100+ per pip on in a live trade - then it gets fun - more than a strong cup of tea is needed ;-)

Regards

Peter