RBS - Given challenges in Europe, we would be looking for levels to sell EUR/USD

Royal Bank of Scotland - "Given challenges in Europe, we would be looking for levels to sell EUR/USD. We are now back at resistances 1.3140/70. It may be worth selling here with stops above 1.3320, the high before its recent slide on the Italian news. Targeting 1.280"

Tags: EUR/USD, EURUSD, EURUSD Short, RBS, Royal Bank of Scotland, Sell EUR/USD, Sell EURUSD, Short EUR/USD

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Comment by Indy on March 1, 2013 at 12:48pm: Hi Grigore,

you don't expect them to tell you before they have had time to put thier own positions on do you?

whenever they tell you 2 days late its not becuase they are slow its because they have been busy building a short position for 2 days and now want to get a bit momentum behind them.

Regards

Indy