Categorized | Chart of the Day, EUR/USD

Chart of the day EUR/USD

Posted on 16 June 2009 by Forex Trends

EURUSD did break the support line at 1.3813, but bulls didn’t give up, it was a wake up call for them. If prices are going to stay under 1.3800 then there is a big chance to see a strong movement downside. However if bulls finds more forces to push it up to the 1.3900 price level – positive trend will get stronger. For now buying is better option to take take.

TA.EURUSD 2009-06-16 TA.pdf

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