Chronicle of the biggest, deepest and most liquid market in the world, the Eurofx market, traded on interbank spot forex market as Eur/Usd and on IMM as the Eurofx futures. Patterns include CCI patterns ZLR etc. IMPORTANT notice: Nothing in this website constitute any advice to buy or sell financial instruments. The contents of this website are for EDUCATIONAL purposes and should not be construed to constitute investment advice. Charts will be from FXCM Power Charts.
20050629 Sideways action, forming a triangle pattern with lower highs nd higher lows. Could well break out either side. Downside break will trigger stop loss of long psition and upside break could see 1.23 taken out.
EURUSD chart
posted by emacro @ 8:09 PM
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