Tuesday, February 27, 2007

EM under Pressure.....

Mexico is opening above the top of the channel at 11.1250. The markets certainly do not "feel good", and I would look for more of a melt down as the day progresses. The dollar is under pressure from all corners, with is slipping to 1.3205 against the Euro. I will continue to look for a weaker dollars across the board and also look for an opportunity to re-establish, and add to existing EM risk.


These are the FX Trading Ideas for today.

Good Luck and Good Forex Trading


FXTRADINGIDEAS@AOL.COM

Labels:

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home