Hello and welcome to our FXReturn.com NY Forex Market Call for October 21st, 2009. 9:30 am on Wall Street 13:30 GMT. Today we show the current Market in the EUR/USD. Current Price: 1.4954: In todays video we will see the we had a pullback to support at slightly below the 150 Day EMA above support at 1.4824.This presents trend followers to participate again with the trend. The market remains in an uptrend as the 50 Day EMA continues to trade over the 150 Day EMA.
We see the EUR/USD breaking out again with trend. Targets at 1.5040 and 1.5101.
We point out the important levels and offer an insight into potential Elliott Wave targets. Happy Trading from FXReturn.com.
Please click the following link to view todays NY Market Call:FXReturn.com NY Forex Market Call 10.21.09
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