Friday, March 4, 2011

EURUSD is at the top of the descending line


The EURUSD is now at the top of the resistance line after a significant rally yesterday night. The EURUSD break above the high indicated by H. 


The daily chart show a big bullish movement that rally up to the trendline. Further price action will determine the trend either breaking the resistance for further up move or retrace down. 



By The Backyard Burner

No comments:

Post a Comment

Fear of failure

Fear of failure