EUR/USD Chart Testing 50DMA Before Greek Confidence Vote

EUR/USD broke above resistance in the vertex and is still riding the uptrend line. It is now testing the 50 day moving average. Catalysts ahead include the Fed meeting and Greece confidence vote. Continue to watch that trend line and floor support (Nov 2010 high). If tested again and breached, I think it presents a decent short opportunity (in my opinion). A chart with EUR/USD updated is after jump, as well as a hyperlink to the layout with trend lines. You can also watch the EUR/USD quote live on the FreeStockCharts.com widget on the sidebar.






Hyperlink to layout if the embedded chart doesn't include drawings: http://www.freestockcharts.com?emailChartID=d0a23fbc-b3a8-48e6-89b9-83442502912c

Related Posts

Comments

HTML Comment Box is loading comments...