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Chart Of The Day: EUR/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Jan 24, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Steeply bearish price action on the EUR/USD (a daily chart of which is shown) has just reached a critical support juncture. This dynamic support extends from an uptrend support line (in green) that extends from the long-term low reached in late October. Any continued bearishness that breaks and closes convincingly...

    complete article here...

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