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Daily Technical Analysis

Discussion in 'Technical Analysis' started by ActionForex.com, Apr 19, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The EURUSD had a bearish momentum on Friday. The pair break below the key support level at 1.3100, bottomed at 1.3016 and closed at 1.3024. My technical focus remains at the descending triangle formation indicating potential bearish scenario. However, pay attention to the psychological level around 1.3000 – 1.2950 which...

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