Wednesday, January 2, 2013

Forex Analysis: EUR/USD Flag Consolidation at Key Resistance

EUR/USD (daily chart) has again bumped up against important resistance around the key 1.3300 price region, a level that price has been unable to breakout above for the last 9 months. For 2 weeks since late December, price has consolidated right under this 1.3300 level, forming a flag-like pattern consolidation. This occurs within the context
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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