Monday, October 22, 2012

EUR/USD Technical Analysis - Oct 22, 2012

EUR/USD Technical Analysis - Oct 22, 2012


EUR/USD has pulled-back to support from an old support line (the former boundary of a wedge pattern) and will probably rise.
A break above the 1.3065 highs would provide added confirmation and perhaps lead to a rally back up to re-touch the 1.3135 recent highs and the weekly pivot. Read more