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

FX Thoughts for the Day

Discussion in 'Technical Analysis' started by ActionForex.com, Sep 17, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    There's possibility of a bearish flag on the 8H chart which could bring it down once again towards the 55-DMA at 1.6451. A break of 55-DMA which is vulnerable given that it is flattening, might present a strong case for the S-H-S confirmation on the weekly chart. The S-H-S might...

    complete article here...

Share This Page