Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
June 1, 2010
EUR/USD DESCENDING TRIANGLE PATTERN
EUR VS USD is forming a descending triangle.
The pattern gave a false break out on the down side.
Price has come back in to the channel.
The lines of triangle is converging so this one will be resolved soon.
Thank you
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