Published on FXDD (http://forex.fxdd.com)
Forex Trading: EURUSD Rallied strong, then back down to moving averages
By Greg Michalowski
Created Apr 4 2008 - 8:06am

The EURUSD rallied strongly off the weaker number than found sellers which led to the longs getting caught and selling.  These markets are dangerous when they run counter to the expected trend.  Will be watching the levels and see how stocks move.


Source URL: http://forex.fxdd.com/trading-news/3131/forex-trading%3A-eurusd-rallied-strong%2C-then-back-down-moving-averages