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Chart Of The Day: EUR/USD

Discussion in 'Technical Analysis' started by ActionForex.com, May 11, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Price action on EUR/USD (a daily chart of which is shown) as of Monday (5/11/2009) morning, retraced a minor portion of Friday's dramatic 300-pip bullish run. The pair quickly rebounded, however, and appears to be making a renewed bullish push off the key 1.3550 support/resistance level where the retracement bounced....

    complete article here...

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