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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on January 28, 2010, 05:19:26 pm

Title: Chart Of The Day: EUR/USD
Post by: pranjali on January 28, 2010, 05:19:26 pm
Chart Of The Day: EUR/USD
         


Price action on EUR/USD, a daily chart of which is shown, has finally made a tentative breakdown below the 1.4000 support/resistance and psychological barrier, establishing a new 6-month low for the pair. This occurs after a slight bullish retracement that occurred several days ago which formed a small flag-like consolidation...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/chart-of-the-day%3a-eur%10usd-20100128105552/