euraud

owenglee · **Joined:** Thu Nov 26, 2009 12:23 pm **Posts:** 29

Hi Vahid , if you have the time I wanted your thoughts on the euraud ? There seems to be a rsi convergence on the 4h chart and also a resistance break on the rsi. Would it be a good time to go long at the close of the 4h candle ?

Owen.

Forexoma · **Joined:** Sat Jul 04, 2009 9:07 pm **Posts:** 1250

Hi Owen,

I see what you mean. You are right, but I don't dare to take any long position against such a strong bearish market. It is strongly bearish and it is too risky to go long now.

owenglee · **Joined:** Thu Nov 26, 2009 12:23 pm **Posts:** 29

Thanks Vahid.

Owen.

euraud

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