Forex Trading: EURUSD making its way to new all time highs?
Posted by Greg Michalowski on Mon, 03/31/2008 - 10:58am in
The EURUSD took a run at the all time high at 1.5902 but fell just short at 1.5896. The pair has moved back down to the 1.5850s. I would expect that the 1.5835 level hold the retracement (high from Friday and today). A move below this level will move the market back into the neutral range.
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