Thursday, February 10, 2011

EUR/USD | Technical Analysis | 10 February 2011

EUR/USD | Technical Analysis | 10 February 2011

EUR/USD has fallen quite dramatically this morning as the corrective rally which has carried the exchange rate up from the lows of the 7th Feb reversed. The rapid decline however steadied at support around the 1.3610 level and is currently pulling back to resistance at 1.3635, and it may even go higher to resistance from a past trendline at 1.3675. Read more