FXbootcamp London Outlook 03/24/2009

Published March 24th, 2009 - 05:14 GMT
Al Bawaba
Al Bawaba



Hey everyone, for today’s trade plan I look at the Pound Yen and Euro USD.  We have hit some critical levels for the Pound Yen and I establish a good looking fib entry and or break out plan, above 141.80 looks bullish for this Yen cross.   As for the Euro we have spent two days in a state of volatile consolidation and given the fact that we bounced off a 4 hr 21 ema, I expect resolution to this channel we find ourselves in.  Happy trading!! 

David Pegler