proacttraders's Commentaries

Sep 7 2010

$EURUSD Break of channel

by proacttraders

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We have now broken out of the channel to the downside. We are currently sitting on the S6 sixth support from the top at 1.2729 We should see a small bounce at this level and then head to the targets at the 0.500 fibo ( 1.2608) with further targets at the 1.2460 area.

Tags: eurusd | currency-market-updates | currencies

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proacttraders's Commentaries

$EURUSD Break of channel

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