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EUR USD Consolidating Near Bottom of Two Uptrend Channels

By admin on 03/09/2009

Price action on EUR/USD has recently been in a continuing consolidation within the context of two parallel uptrend channels. The larger of the two channels extends from the beginning of the year, while the smaller one extends from early June. Currently, price has found some support near the bottom portions of both these channels, and [...]

Posted in Forex Master | Tagged bottom, channels, consolidating, eurusd, near, of, two, uptrend | Leave a response

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EUR USD Consolidating Near Bottom of Two Uptrend Channels

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