Monday, 9 April 2012 EURO – Stock Pick

EURO ( 7208 : 0.37 ) : Take profit / limited upside

Description
Furnishings

Resistance : 0.41

Support : 0.31

RSI of 66
RSI is on the rise

STOCHASTIC
It is riding on an up swing

TREND INDICATOR
Comment
Following the sharp run up, the upside is limited to the 61.8% retracement of 0.41. It is likely to attract profit
taking ahead of a pullback


Trading Strategy
Take profit. Support is at 0.31

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.