chastic

Hitting Resistance That Is Over A Decade Old

OANDA:EURDKK   EUR/DKK
EURDKK is at a magical spot currently. The resistance, its near now, have been tested many times. Currently you see the 5 times it's been tested since '11, but if you look further back, on the weekly, you will see it was also was tested in 2004, and again further back in the 90's. I'm not rushing to get into this pair - but it's definitely on my radar the next coming weeks. It could be big trade if it reverses upwards. Which it eventually will. It's rare seeing a pair close to such a strong resistance.
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