Best Forex Tips

News Sources wrote an interesting post today on
Here’s a quick excerpt
The EURUSD has squeezed higher this morning after initially dipping overnight (low reached 1.4055). The trendline on the daily chart comes in at 1.4123 today. Watch this level on the downside. The next hurdle on the upside comes in at the 1,4200 (the high from July 1st). The high reached 1.4165 but has backed off as tthe better initial claims may not be as rosy as first thought. The support at 1.4123 will be eyed. The market remains choppy it seems for the time being at least.

Read the rest of this great post here

This entry was posted on Thursday, July 16th, 2009 at 7:45 am and is filed under Forex Tips.You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.