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Author Topic: EUR/USD Stalking Retracement  (Read 4086 times)
pranjali
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« on: March 03, 2010, 11:16:33 am »
EUR/USD Stalking Retracement
         

The bullish scenario discussed in yesterdayÂ’s video update is materializing. I noted that this rally should be treated as a retracement, and we should be looking for topping action to show weakness. The 1.38/1.3850 area is an important resistance. If that is broken the 1.39 area is also an important...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/eur%10usd-stalking-retracement-20100303107998/
         
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