Sunday, December 12, 2010

EUSUSD developing flag?



The EURUSD H4 chart show that this pair may be developing a flag that may breakout in favour of the upside targetting 1.343 and 1.363. Support at 1.315 and 1.3.


The daily chart only show 3 doji in a row indicating indecisive market. The market may go up forming a c wave of the correction.


By The Backyard Burner

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Fear of failure

Fear of failure