EUR/USD Daily (FreeStockCharts.com)
EUR/USD at Primero Downtrend Resistance 1.3636, Decision Imminent (Chart Continuation or Breakout)
2/23/2010 12:30:00 AM | via @Dvolatility |
EUR/USD (Euro to the US Dollar) is nearing downtrend resistance. Like I stated in my previous re: $FXE (Euro Index ETF) post, if that trend gets violated it could see decent upside momentum, which would then need confirmation. I provided multiple time frames for FXE, XAU/USD and $Gold. EUR/USD is currently trading at 1.3636 and the decision is imminent imo. Check it out, here's a static chart of EUR/USD from 11:22pm central tonight (2/22/2010).