Monday, April 11, 2011

EURUSD Bullish Cycle Magic



The weekly chart above shows the EURUSD breakout higher through the downtrend challenging the 61.8% Fib level into the next 21-week cycle potentially targeting 1.50 - 1.515 area or even higher until August 2011.

Below we see the daily chart of the EURUSD breakout pushing higher when the 21-day cycle ticks.


No comments: