search CFD Spy

Advertising





Most Popular


got trading broker knowledge? Why not Submit a rating and review today!
Compare Online Trading brokers

1 Star2 Stars3 Stars4 Stars5 Stars
(Be first to rate!)
Loading ... Loading ...

March 5th, 2010, 4:05 am | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

EURUSD continues to move sideways in a range between 1.3435 and 1.3838. As long as 1.3838 resistance holds, the price action in the trading range is treated as consolidation of downtrend from 1.4579 and one more fall to 1.3300 is still possible. However, a break above 1.3838 resistance could indicate that the fall from 1.4579 has completed at 1.3435 already.

eurusd

Share this article:
  • Mixx
  • Facebook
  • TwitThis
  • Digg
  • Propeller
  • Reddit
  • Technorati
  • del.icio.us
  • StumbleUpon
  • Print this article!
  • E-mail this story to a friend!

About the author

forexcycle Forex Cycle. See more Forex Analysis from forex cycle.

You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply