EUR/USD WEEKLY CHART

August 27th, 2008

The weekly chart for eur/usd shows a possible reversal formation after 5 bearish candles in a row. At the least, we should see some sideways consolidation trading, and choppy price action short term. The 5 candle mom shows a retrace is in effect. the one candle mom has breached the 100 level.

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Posted in Forex Investing Strategies |

One Response to “EUR/USD WEEKLY CHART”

  1. Camille Potts Says:
    September 1st, 2008 at 7:42 am

    I liked bumping into this thread, it’s definitely a thread to read more of!

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