Friday, May 6, 2011

EUR/USD Drops to Support Confluence



Price action on EUR/USD (a daily chart of which is shown) as of Friday (5/06/2011) after the Non-Farm Payrolls report has descended to hover around a confluence of support that includes the key 1.4500 support level and an uptrend support line that extends back to the early January low. Therefore,

No comments:

Post a Comment