December 21, 2010

EURUSD Daily Chart analysis

  • The down trend line in daily chart looks strong.
  • Last correction of EURUSD Founds support near 78.6% Fibonacci levels. If this level gives support again we may see the resistance line getting broken.
  • Break below 78.6% level can bring EURUSD to 1.26 levels.
  • SPY SUPPORT AND RESISTANCE LEVELS

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