USD Loses Uptrend Support

October 11, 2010 posted by Yohay
Filed under forex news | leave a comment

The features of the transactions and increasing trend support if lost over one month This trendline is non-farm non-agriculture around has been successfully tested. Now the euro fuel ran. We are still waiting for full review. Update.

Enjoyed the euro bear sheer volume. Bank of America for Columbus Day holiday. Low trading volume is not crowded the economic calendar. After a strong start one week before and after 1.40 USD during the day and the trading of approximately 1. 3950.

In the late hours of the session of the European it moved to the pound. First, the uptrend support 1... 39,-EUR/USD trades broken it held on the 1. 3865 40 pips below the current 1. 3905, increasing support is.

Move doesn't make sense is very strong-still wait and see separator full review should be.

This post is updated as needed.

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Tags: Euro / US dollar