Staying long if EU breaches 1.3070.

Comment by Peter jcp on January 9, 2013 at 2:39pm
Hi Sun - Eu is way OS at 3036-40 area - so expect a bounce at some time - but then its if a full turn can take place or just a 30 -50 pip stop hunt - which we need ;-))
Comment by Peter jcp on January 9, 2013 at 2:44pm
Looking at EU now Sun - and even though its OS -still could easily try under 3030 and 3020 and get a lot more bears in before any stop hunt bounce ??
Comment by Sundaram on January 9, 2013 at 2:59pm
Hi Peter, 3065 resistance spotted, just below day's initial low 3070.
Comment by Stephano on January 9, 2013 at 3:10pm
It is 3065 neckline then will buffer up to 70s

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