My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
April 25, 2013
EURUSD Falling wedge update
EURUSD Falling wedge has given a breakout.
Immediate resistance level is the 23.6% Fib level. Sustaining above this level price may give a bigger up move towards the levels mentioned in first chart.
Crucial support for this time frame is 200 period SMA.
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