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CapitalHubs
Apr 23, 2012 7:09 AM

EURUSD in triangle consolidation 

Euro Fx/U.S. DollarFXCM

Description

Since the end of January EURUSD has been trading in triangle consolidation. That figure usually is trend confirmation, which means that next target could be 1.3550. However, if key support line at 1.30 is broken, than 1.2620 would be reachable. The last is less likely but still important for consideration.
Comments
JBGE
Followed.
JBGE
Followed.
admin
Agreed.
stanbokov
Agreed.
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