Friday, October 19, 2012

EUR/USD Technical Analysis - October 19, 2012

EUR/USD Technical Analysis - October 19, 2012

The previous high's resistance zone at 1.3115/35 was too strong to be broken through at the first time, thus EUR/USD price retreated back and currently is traded at 1.3070. 

There is a high probability that the price will check the next support level and after that prepare for the second attempt to brake the September's high. Read more