November 8, 2010

EURUSD Triangle being tested

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  • EURUSD Four hour chart with the triangle breakout which is being tested now.
  • Support levels for this correction is at 1.3890.
  • Zone of 1.3770 - 1.38 can also give support for the pair.
  • Possibilities of a busted pattern increases if price starts to trade within the triangle pattern which gave an upside breakout.
  • US DOLLAR Weekly charts

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