1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

EURUSD pulled back from 1.4867

Discussion in 'Major Currency Pairs' started by ForexCycle.com, Sep 24, 2008.

  1. ForexCycle.com

    ForexCycle.com Content Contributor

    Sep 1, 2008
    Likes Received:
    Being contained by the resistance at 1.4908 (Aug 21 high), EURUSD pulled back from 1.4867 and formed a sideways consolidation in a range between 1.4603 and 1.4867. Initial support is at the up trend line from 1.3881 to 1.4150, as long as the trend line support holds, we’d expected up trend to resume, and further rise towards 1.5200 zone could be seen after consolidation.


    Daily Forex Forecast

Share This Page