Archive for January, 2009
Eur/Usd Technical Analysis for 2nd January 2009
Posted on02. Jan, 2009 by admin.
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After experiencing some bullish momentum before the holidays the pair is going through a mild bearish correction and is currently traded around the 1.3855 level. The hourly studies show that the current price has dropped beneath the Bollinger Band’s lower border, suggesting that another bearish session is expected. Next target price might be 1.3799.
