Wednesday, January 26, 2011

EURUSD moving higher slowly


EURUSD moving higher slowly following the trendline. The pair is still having no sign of correction. The support level is at 1.362 while the resistance is at 1.3750. 


The EURUSD rally show a small bullish candle indicating the bullish trend is in weakness. The resistance is at 1.375 to 1.38. The support is at 1.36 and 1.35.



By The Backyard Burner

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Fear of failure

Fear of failure