Dear FX Visitor,
As per my last post EUR/USD shows decline and take another down trend. Today, in Asia trading season the pair touched low @ 1.3939 , level from June 2009. Now the pair is being trading around 1.4040. daily chart the EUR/USD is in sell trend and freefalling mood. So, the pair broke the 1.40 level. On weekly chart now the first support, 200 EMA - 1.3747 or Fibonacci Retracement 76.4% around 1.3420.
Could we see new levels in pair in coming days?
As per my last post EUR/USD shows decline and take another down trend. Today, in Asia trading season the pair touched low @ 1.3939 , level from June 2009. Now the pair is being trading around 1.4040. daily chart the EUR/USD is in sell trend and freefalling mood. So, the pair broke the 1.40 level. On weekly chart now the first support, 200 EMA - 1.3747 or Fibonacci Retracement 76.4% around 1.3420.
Could we see new levels in pair in coming days?
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Posted by: Kelvin | January 28, 2010 at 09:27 AM