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EUR/USD in a Channel Breakout and Opens Up 1.30
Stocks, Unit trusts, Wealth Management and Forex markets
02-05-2012, 09:51 PM
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The one
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Join Date: May 2000
Location: UK
Posts: 98,189
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EUR/USD in a Channel Breakout and Opens Up 1.30
The EUR/USD indeed fell from a declining trendline (which was in the 1.3280-1.33 area) and in the 5/2 European session, extended that decline through a rising channel support. The 4H chart shows a heavy push through 1.32, and the pivot near 1.3170. The move also pushed price below the moving 
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