Monday, July 14, 2008

EUR/USD Dually Trend Line - Euro ready to take a dive?



A beautiful dual trendy setting up on the eur/usd 1 hour chart! Has the trend ran out of steam or will it keep going? A closer look at macd shows that the trend is quite strong. As price has been moving up macd had been making higher highs as well, we will see how this one plays out.

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