Weekly Technical Strategist

  • June 16, 2008

EUR continues to build on its second month of lower prices (monthly chart) since tumbling off the 1.6020 in late April’08.The pair weakened further the past week invalidating layers of support to close at 1.5380 and shift attention to its May 08′08 low at 1.8285.If a decisive penetration of there…
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June 16th, 2008
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