Wednesday, November 21, 2007

London 10.00GMT Onwards

The Price has dropped almost 500 pips today..This may reach 221 level.. However it's too risky to go short at this level since there is a retracement due . Go short only if the price retrace to 1hr 5sma (close) level.

Tokyo session

21st November , Wednesday
Bearish bias:
If 227.30 is broken.. the Long target is 228.48