Eur/Usd Technical Analysis for 26th February 2009
Posted on 26. Feb, 2009 by admin in Eur/Usd, Eur/Usd Technical Analysis, Technical Analysis
Yesterday’s pennant formation apparently has not finished its development as the pair continues to consolidate towards the 1.2800 price level before making a significant breach. For the time being this pair continues to float between a distinct price-range. Buying on the lows and selling on the highs in this range appears to be a wise strategy today.
