August 2, 2012

EURUSD Chart analysis


  • EURUSD up move was stopped by the 50 Day SMA.
  • Resistance levels was also a previous support zone in daily chart.
  • Following the news EURUSD was highly volatile at one time the hourly candle did a 200 PIP move. It was a false move price now back into the hourly channel.
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1 comment:

  1. Swami ShivkumaarAugust 2, 2012 at 8:15 PM

    Dear San,
    Infy RT chart is not working. If possible pl rectify.
    Thanks in advance

    Regards
    Siva

    ReplyDelete

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