Posts Tagged ‘daily chart’
Forex Technical Analysis – Daily 01.15.2010
Friday, January 15th, 2010Daily Technical Analysis
EURUSD Outlook
The EURUSD still trapped in range area of 1.4450 – 1.4600 yesterday. However, earlier today in Asian session price break from that range area, slipped below 1.4450 suggesting a potential bearish scenario towards 1.4250 as bullish scenario is now in serious threat. The bias is bearish in nearest term. Another movement above 1.4450 should lead us into no trading zone as direction would become unclear for me.
