Tuesday, February 15, 2011

EURUSD rebound after hitting solid support


EURUSD rebound after hitting solid support at 1.3430. The price had retrace to test back the 1.35 area. The price just slightly pierce the H&S neckline and rally up. The intermediate resistance level is at  1.3570.


 EURUSD had a lower low and lower high from the daily chart.



By The Backyard Burner

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Fear of failure

Fear of failure