Short Term Analysis
EURUSD formed a short term cycle bottom at 1.5284
Mon, May 12 2008, 01:24 GMT
by Franco Shao
ForexCycle.com
EURUSD formed a short term cycle bottom at 1.5284 on 4-hour chart. Further rise to test 1.5594 resistance is possible in a couple of days, and a break of this level will indicate that the down trend from 1.6019 has completed.

Published on
Mon, May 12 2008, 01:30 GMT
Archive
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