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Daily Technical Analysis

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

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Yesterday The EURUSD continued it's bearish momentum. The pair bottomed at 1.4777 and closed at 1.4801. I am expecting this bearish scenario continue today. We have a new bearish channel on hourly chart. My model goes short targeting 1.4614. Immediate resistance is seen at 1.4825 followed by 1.4870. CCI just...

    complete article here...

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