EurUsd: where the rally could find some resistance?
Hi all! I will do less writing and more charts .. so let's start:
Weekly chart:
Daily chart:
Notice the monthly R3 pivot crossing the falling trend line and some SR zones at that level in the past .. The MR3 is treated as an extreme .. so at least some pullback can happen.
That's it. Have a gr8 weekend!
Regards.
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Comment by Pipomatic on September 14, 2012 at 10:16pm -
There is another interesting chart i'd like to show .. notice where the bear spike after Thursday FOMC meeting found support ..
Sustained break on daily chart .. and retest of trend line .. ah ..
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