Friday, January 7, 2011

EURUSD broke through support area


EURUSD had broke through 1.307 support area and now had reach the bottom support of 1.2965. If break through the support area, price will resume the downtrend. The resistance area is at 1.3075.


EURUSD daily candlestick show very bearish trend. The next support level is at 1.2670. 



By The Backyard Burner

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Fear of failure

Fear of failure