• Online Forex trading Community

EURUSD Technical Analysis

Tomas Cedavicius from Investija.com at 11/12/09


Although the market is bouncing back and forwards between two barriers, resistance and support, there is a possibility for bears to create a reverse trend point. Under support level, bears would feel better whereas danger zone is for bulls. For now, situation is silent, but narrow consolidation formed after steep upside movement can suggest a probable continuation of uptrend.

Long TermPositive1.49721.5037

Main Menu