Forex | Forex | EUR/USD: (1.4125) Drop from 1.4305 retested the broken Triangle Top (see graph) (31/07/2009 06:15:50)

EUR/USD: (1.4125) Drop from 1.4305 retested the broken Triangle Top (see graph)

Drop from 1.4305 retested the broken Triangle top (see graph) and reapproached the broken daily Downtrendline from historic high (1.3984 today). Currently trying to settle back above 1.4118 (see graph: neckline Double Top). Support area at 1.4088/ .4083 (break-up hourly/ daily Bollinger midline), with next levels at 1.4059/ .4039 (reaction low hourly/ daily Long Term Moving Average↑) and 1.4007/ .3984 (current week low / see above + daily projection band bottom, where pause favored. Resistance


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