Friday, September 21, 2007

Forex Education Trading Strategies : EURUSD: The 1.4104 Level Beckons



EURUSD - Since the beginning of trading today to EUR above his big psychological level (1.4000), as higher than 1.4064 (as of this review), a couple must be supported above the 1.4000 close on a daily basis to increase the chances for a possible run and to break his Sept'1992 high 1.4104.If clean break here happens to boost its Oct 22'95 high 1.4160 should come a distant peak in 1995 at 1.4535.The week RSI Stochastics and remain aggressive growth for the future