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Author Topic: Eur/Usd Bearish Structure  (Read 4727 times)
pranjali
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« on: April 07, 2010, 05:00:58 am »
Eur/Usd Bearish Structure
         

Weakness on Euro is still expected as upward price action has been slow and choppy, shown from the 1.3266 lows. Any moves towards new lows would be in reaction to recent upward move which was a W)-X)-Y) correction in the middle of U.S. dollar strength. Prices reversed in the past...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/eur%10usd-bearish-structure-20100407110431/
         
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