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Tuesday, July 7, 2009

H4 EURUSD analysis

Bullish channel past 2 weeks, ending in a breakout downward.

Price can't seem to decide whether it wants to form a bear flag continuation or an ascending wedge in favor of the bulls.

Thoughts?

1 comment:

  1. support seems to be holding on the lower end of the wedge into the afternoon.

    ReplyDelete

Interesting ACM gadget