EURUSD: Rejection Candle To Trigger Corrective Recovery

EURUSD: Rejection Candle To Trigger Corrective Recovery
         

With a 1.4028 test generating a reversal candle on Thursday following the pairÂ’s break down through the 1.4216 level, its Dec 22Â’09 low on Wednesday, EUR is now shaping up for corrective recovery. It was seen strengthening in early trading today and if further build up on that occurs further...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/eurusd%3a-rejection-candle-to-trigger-corrective-recovery-20100122105103/