Thursday, January 10, 2013

Forex Analysis: EUR/USD Rebounds Off Key Support Confluence

EUR/USD (daily chart) has made a substantial bullish rebound off strong support in the 1.3000 price area. This 1.3000 region is also near a bullish support trend line extending back to the July 2012 1.2041 low, which has defined the uptrend for nearly half a year. Additionally, the 100-day moving average resides right around this
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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