Categorized | Chart of the Day, EUR/USD

Chart of the day EUR/USD

Posted on 15 June 2009 by Forex Trends

EURUSD has dropped below 1.4000 price level and it’s heading towards the support line. If bears are going to keep this position a break of support line is possible, this situation can be confirmed by a strong bearish candles. However bulls might not surrender so easily, a small fight against bears can be expected. For now selling is better option to take.

TA.EURUSD 2009-06-15 TA.pdf

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