Tuesday, December 28, 2010

EURUSD now in reversal after tristar


EURUSD broke through the resistance level of 1.318. Price may retest the area of 1.318 again before going up. The immediate support is 1.318 and the resistance area is around 1.333. 


The EURUSD reverse after the tristar candlestick signal. It is now testing the daily down trendline. Successful breakout of the trendline will bring the price further up. The upside resistance is 1.35 and support is 1.307. 



By The Backyard Burner

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Fear of failure

Fear of failure