Sunday, December 10, 2006

Chart of the Week - EURUSD



Above we have the Friday eurodollar show (on a 5 minute chart) with around 100 pips up and then around 150 pips down in three hours and a half!:) The event behind the show: Non-Farm Payrolls.



The hourly chart above shows us the triple top of last week and the break of a support around 1.3260, which should become the next resistance on the way back.

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