Tag Archives: pennant formation

Eur/Usd Technical Analysis for 25th February 2009

Posted on25. Feb, 2009 by admin.

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A pennant formation appears to be forming on the 4-hour and daily charts, signifying that a continuation of the recent uptrend may occur and push this pair higher in the near future. The weekly Momentum oscillator also shows the direction of this pair has begun to change course. Waiting for the breach and then placing [...]

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