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Technical Analysis Daily: EUR/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Mar 3, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Euro/Dollar did not make significant movement on Monday. The currency couple opened the week at yesterday's top 1.2667, and traded down to the bottom1.2543, closing at 1.2576. On the 1 hour chart there is a symmetrical triangle, which indicates consolidation phase. Currently signals are neutral. Immediate support is 1.2540. Break...

    complete article here...

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