Monday, March 3, 2014

EUR/USD Violates Down-Trend Resistance

Regardless of the presence of the multi-year down-trend resistance line, EUR/USD skyrocketed on the last day of February, covering nearly 100 pips. And although we suspected that the supply near 1.3760 would enforce a bearish scenario, the daily and monthly technical indicators in the end turned out to be correct.



Continue Read...

0 comments:

Post a Comment

Site Search