$EURUSD : Speculative long maybe?

I was thinking about shorting EURUSD yesterday at 1.3 level, and in fact, I did.  I closed the position with some small gain. Had another look at EURUSD, We have a pennant formed at the top, broke out, and now we are back to the back of the trend line. Now it got me interested in short term long of EURUSD. I am still thinking. Well, this is another idea.

Anyway, I am looking at near 1.31 area as next resistance level.

Here is the Chart!

EURUSD hourly

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  1. John Adams — Trackback
    $EURUSD : Speculative long maybe?: I was thinking about shorting EURUSD yesterday at 1.3 level, and in fac... http://bit.ly/9BaeAr
  2. Gav (Trader Gav) — Trackback
    $EURUSD : Speculative long, maybe? http://bit.ly/adtPcO
  3. Gav (Trader Gav) — Trackback
    Look at the damn $EURUSD.. RT @tradergav: $EURUSD : Speculative long, maybe? http://bit.ly/adtPcO
  4. Forex Candlesticks — Trackback
    $EURUSD : Speculative long maybe? | Gav's trading blog: I was thinking about shorting EURUSD yesterday at 1.3 leve... http://bit.ly/aLsTXl
  5. Easy Home Forex — Trackback
    $EURUSD : Speculative long maybe? | Gav's trading blog: I was thinking about shorting EURUSD yesterday at 1.3 leve... http://bit.ly/driNeH
  6. Auto FX — Trackback
    $EURUSD : Speculative long maybe? | Gav's trading blog: I was thinking about shorting EURUSD yesterday at 1.3 leve... http://bit.ly/ae30Ay