Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
March 9, 2013
EURUSD Trend update
EURUSD 4 Hour chart shows price getting resisted at 23.6% Fib level.
Price has fallen below 50 Period SMA.
Price testing the support zone. Close below this level will extend the down trend. EURUSD Bulls must trade above 23.6% Fib level for a bigger pullback to happen.
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