Main Quotes Calendar Forum
flag

FX.co ★ The EUR/USD wave analysis for December 29, 2010

parent
Forex Analysis:::2010-12-29T10:56:21

The EUR/USD wave analysis for December 29, 2010

The EUR/USD wave analysis for December 29, 2010

Yesterday’s quite volatile EUR/USD trading allowed the price to drop from yesterday’s highs to a level below the 31 figure. Thus, the euro has still been within the horizontal corridor, that currently has signs of triangular shape. If so, yesterday’s maximum 1.3278 can be apex of this triangle, or its part. In this case, after the d wave is completed we can expect a new turn of euro growth in the direction of the levels located near the 32 figure.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...