Thursday, December 04, 2008
EURAUD is coiling in a tight Pennant formation.The
European Central Bank (ECB) rate decision could be the catalyst needed
to break this pair out of this range and toward new highs. The daily
trend remains up and prices are hugging close to the rising daily
support trend line. Buying at support with a stop 50 pips below the
trend line targeting the next level of resistance occurring at 2.0597
would... [read more]
posted by fxgentrader,
in EURAUD, forexgen, Live Accounts Contest
@ 10:31 PM,
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