EUR/USD at Primero Downtrend Resistance 1.3636, Decision Imminent (Chart Continuation or Breakout)

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).

EUR/USD Daily (FreeStockCharts.com)

Comments

  1. GAZ = UNG is a falling knife, confirmed falling knife--first up day GAZ, go long UNG.

    ReplyDelete
  2. I'll start watching natural gas and UNG. Here's an updated chart of EUR/USD - red is winning.

    http://www.flickr.com/photos/dvolatility/4382874389

    ReplyDelete
  3. I'll start watching natural gas and UNG. Here's an updated chart of EUR/USD - red is winning.

    http://www.flickr.com/photos/dvolatility/4382874389

    ReplyDelete
  4. I'll start watching natural gas and UNG. Here's an updated chart of EUR/USD - red is winning.

    http://www.flickr.com/photos/dvolatility/4382874389

    ReplyDelete

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