October 26, 2012

EURUSD Chart analysis

 
  • EURUSD Testing 50 Day SMA.
  • Price is also testing the support line of a triangle pattern in daily chart. Price broke out of the triangle and came back into the pattern. Breaking below the support line should give a faster fall.
  • Daily cloud may also act as support for EURUSD.
  • ES POSITIVE DIVERGENCE

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