Sunday, February 5, 2012

EUR/USD Technical Analysis Overview



June 16, 2010 by Forex Superb  
Filed under Technical Analysis

eur-usd-simple-technical-analysis1

I’ve played with trendlines and noticed great support area at H1 time frame. The idea is to watch this support area (red) using your favorite strategy, if your strategy confirms buy or sell signal in this area wait for support break for sell – support confirmation for buy. Use candlestick patterns and other helpful indicators if you need additional confirmation.

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