Sunday, October 22, 2006

EUR/USD consolidating

EUR/USD is consolidating now at 1.2615-1.2620. If the price breaks 1.2642 major resistance, then I assume that it will go to 1.2690 level easily. Although if it reached this evel, then reversal sig will more likely be triggered. Stay tuned for Monday tomorrow for the price movement.

Posted by Forexenator at 10/22/2006 10:22:00 PM

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