Thread: A thought on the EUR/USD at 3:48 on 09/24
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Old 09-24-2008, 04:54 PM
edacsac edacsac is offline
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Join Date: Jun 2008
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Default A thought on the EUR/USD at 3:48 on 09/24
I'm trying to confirm if I'm learning anything.

I look at the EUR/USD from the H1 through M15 and I see solid support around 1.4625 thats been getting tested since yesterday. Currently price is touching there again. If if bounces instead of breaking, would it be reasonable to think there will be another good upswing? If it breaks, is it reasonable to think it might drop quite a bit barring any news items?

Just noticing and trying to learn...
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