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Daily Technical Analysis

Discussion in 'Technical Analysis' started by ActionForex.com, Sep 10, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    After breakout to the downside of ranging area (1.4195 and 1.4053), EURUSD continued it's bearish scenario, bottomed at 1.3951 and closed at 1.3964. We have a valid bearish channel on hourly chart. My model goes short targeting 1.3840. Immediate resistance is seen at 1.4004. CCI in oversold area on all...

    complete article here...

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