August 23, 2013

EURUSD Channel and Resistance zone

  • EURUSD 4 Hour chart shows price moving up in a channel.
  • Daily chart shows price near crucial resistance zone of 1.34 - 1.3450.
  • Weekly chart too shows price near 200 Week SMA. Recent attempts to cross this level has resulted in big corrections.
  • SPX Analysis after closing bell

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