Monday, January 11, 2010

Forex-EUROUSD-11-1-10



Can you see the upward movement in the Weekly chart? Bounding off the bottom of the Bollinger Band and breaking out of the trading range. The Daily chart is also breaking out of its trading range. For those who are conservative, they might want to wait until price moves above the 50 and 100 day moving averages as shown in the Daily chart.

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