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EUR/USD Is Testing The Longstanding Uptrend Line

Discussion in 'Fundamental Analysis' started by ActionForex.com, Nov 18, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    EUR/USD is still struggling to hold above the long-standing uptrend line since March. The euro momentum is waning, but at least for now support is doing its job. A sustained drop below this trend line signals a more sideways trading pattern going into the end of the year. Sterling traders...

    complete article here...

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