Chart of the day EUR/USD
Posted on 22 June 2009 by Forex Trends
EURUSD, like it was stated before, did reverse and this action made channel broken. Selling action is good to take, there is a possibility to wait and get better price for selling rather than now. Bears are taking control once candles jumped out from the channel, quick movement down was strong. Long term trend is neutral, but for short term traders it’s negative.
