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May 25, 2012 02:23PM GMT
     
 
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EUR/USD is probably in a Range

By   |  Signals  |  Oct 18, 2011 02:40PM GMT  |  Add a Comment
 
In view of the 4H chart of the EUR/USD, it seems to be finding good support at the 50 Moving Average. 
Since it appears to be a RANGE, it appears to be good to take an earlier Take Profit (TP).
The Entry Price (EP) is at the level of 50 Moving Average and the last low being the Stop Loss (SL).


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