Heavy news is favoring the Euro today for a change. The likely retracement that might follow the recent rise in the last four trading days however does not. The Bollinger Bands, Full Stochastics, StochRSI and RSI rising higher than they have in recent weeks could mean this high period for the EUR/USD will make traders uncomfortable and this pair will be kept range bound or moving downward.
This entry was posted
on Thursday, February 25th, 2010 at 10:52 am and is filed under ForexNews.
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