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Author Topic: Eur/$, Month Long Bottom Forming  (Read 4927 times)
pranjali
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« on: February 24, 2010, 11:13:54 am »
Eur/$, Month Long Bottom Forming
         

No change in the view in eur/$, as the market remains near recent (and multi-month) lows at 1.3450. However, the market is oversold after the sharp declines since the Nov high at 1.5140 (see bullish divergence, buy mode on the daily macd), appears to be within the final downleg from...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/eur%10%24,-month-long-bottom-forming-20100224107460/
         
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