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Momentum And Price Action Unfold

Discussion in 'Technical Analysis' started by ActionForex.com, May 10, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Euro: The pair is now in long mode on near-term time-frames. The fact that it took out the 200 day SMA area in one attempt is testament to the momentum in the play to get long the euro. There will likely be a test of 1.3480 (200 SMA) as support,...

    complete article here...

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