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Daily Technical Analysis

Discussion in 'Technical Analysis' started by ActionForex.com, Jul 29, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    The EURUSD had a significant bearish momentum yesterday. As you can see on h4 chart below, the broadening formation has been violated to the downside and break below 1.4050 suggests potential bearish outlook. This fact should trigger further bearish momentum testing 1.3870 and even key level 1.3750. However CCI in...

    complete article here...

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