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11/02/2014: BOUGHT EUR/USD @ $1.36681

I have just gone long on EUR/USD at $1.36681.

The intraday chart is looking strong, hugging the rising 21 hour moving average.

I expect further upside towards a test of the key resistance at $1.3739 (70.9 pips)

I have placed my stop at $1.3639 (29.1 pips)

EURUSD 11022014

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At Hantec Markets Ltd we provide an execution only service. Any opinions expressed by analyst Richard Perry should not be construed as investment advice or an investment recommendation. This report does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. Forex and CFDs are leveraged products which can result in losses greater than your initial deposit. Therefore you should only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved, seeking independent advice if necessary prior to entering into such transactions.