Tag Archives: upwards correction
Eur/Usd Technical Analysis for 20th May 2009
Posted on20. May, 2009 by admin.
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The pair has resumed its bullish activity for the past couple of days and is currently trading at the 1.3600 level. However, it failed to breach the 1.3715 level and has provided mixed results ever since. If the pair will indeed breach the 1.3715 level, a sharp bullish move might take place.
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Eur/Usd Technical Analysis
Posted on01. Dec, 2008 by admin.
After several failed attempts to breach the1.3000 resistance level on the 4 hour chart, the pair is now consolidating around 1.2680 price level. The hourly studies show mixed signals, and the daily charts support that notion as well. However, the 4 hour charts’ Slow Stochastic is showing a bullish cross suggesting that an upwards correction [...]
