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Chart Of The Day: EUR/USD

Discussion in 'Technical Analysis' started by ActionForex.com, May 1, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    EUR/USD (a daily chart of which is shown) has continued to adhere closely to a long-term downtrend resistance line extending from the second test of the 1.6 all-time high that was hit back in July 2008. Currently, price has once again poked slightly above the trendline before retreating back down....

    complete article here...

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