Tuesday, April 5, 2011
Hourly Forex Trading Strategy #EURO - Short Term Rising Wedge Targets
Erratic price action in both directions is consistent with a rising wedge pattern to clear 1.4280 en route 1.4350 and eventually an ideal 1.4415 target. Ideally the 1.4150 support level will now hold but only a loss of 1.4020 would threaten and early major downside reversal. (Ref:
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