I had suggested on 9th Mar blogpost that the EuroUSD is likely move up especially after it closes above 1.3680. The break out has come in and I expect more upward move inthe Euro against the dollar.
Fresh positions can be built and added further on break beyond 1.3790 for a target near to 1.40+ levels .. (exact target calculation was done in my weekend course)..
It seems that the Greece problem is at least temporarily taken care off - the prices are suggesting that.. We only hope that another european country does not blow up in the near future !!!
As for commodities , there are in line with the stock markets - i.e. going nowhere in particular!
Happy currency trading !
CA Rajiv D Khatlawala
ValueTrade Academy
www.investogyan.com
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