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Old 09-03-2008, 22:17   #435 (permalink)
sdotwewen
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Re: Forex Cycle Analysis

EURUSD is in up trend and the fall form 1.5463 is treated as consolidation to the up trend. Further rally to 1.5600 area is still possible in a couple of days and a break of 1.5463 will confirm such case. Near term support is at 1.5250 followed by 1.5145, as long as 1.5145 support holds, up trend will continue.
http://blog.forexcycle.com/715/short...s-mar-10-2008/
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