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Chart Of The Day: EUR/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Aug 15, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Although most technical signals on the EUR/USD daily chart, as shown, are indicating extremely exhausted and oversold conditions, downward momentum currently appears almost unstoppable. Logically, there should be a potential impending correction to the drastic plummet that is occurring, but the point at which this correction actually happens is the...

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