EURUSD IS FOR SELL NOW, 26TH FEBRUARY, 2009, THURSDAY

EURUSD has just broke down downwards of a channel support line. The pair is bearish as the 4hour chart of EURUSD is also trading down under a support line. Place sell order at 1.2740 and take profit at 1.2640 (+100pips). Timeframe is 1hour chart

Good trading

SUMMARY  

SELL EURUSD now @1.2740, take profit at 1.2640 and stoploss is 70 pips