Forex4you's Blog – October 2011 Archive (1)

Forex4you Technical Analysis 05 Oct 2011

EUR/USD: Technical Analysis

Eurodollar's bounce has stalled. There is also a slanting H&S pattern at the highs. If the pattern breaks through its neckline it could reach support at 1.3200 or even the former lows at 1.3155 . However it is equally possible the rally could continue higher with the former highs at 1.3368 targeted at first and then the R1 pivot at 1.3430.…

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Added by Forex4you on October 5, 2011 at 7:52am — No Comments

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