April 11, 2011

Trend Line of EURUSD

  • Trend of EURUSD will remain up as long as price stays above the trend line shown in first chart.
  • Price continue to close above 20 day moving average which is good for the bulls.
  • Weakness will be seen only if the trend line is violated or price closes below 20 day moving average.
  • S&P 500 WEEKEND UPDATE

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