Home arrow Forex Technical analysis arrow Euro Triangle Still Possible: Short Term Bearish Implications
Euro Triangle Still Possible: Short Term Bearish Implications PDF Print E-mail
The larger trend remains bullish for the EURUSD but the triangle pattern that we have focused on recently is still very much in play. If a triangle is indeed unfolding, then the EURUSD would likely drop sharply into 1.5450 support before resuming the larger uptrend.

Posted originally: Tue, 01 Jul 2008 11:34:15 +0100

Read Full Article
 
< Prev   Next >