Last Week I tooke several trades on this pair. They were all Longs and although I profited on them there was little to brag about as this pair is now moving further down with a new all time low created. I am going to be patient and wait until the holidays are over before I enter long again.
My entry target is at or near the bottom of 1.7750 area. I will be taking a break for the Christmas holiday and will be back at the charts on Sunday Dec 28th 2008
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