Sunday, February 12, 2012

EUR/USD Continues Climb Above 1.40 Yet Euro Shows Relative Weakness

June 1, 2009 by · Leave a Comment 

The EUR/USD kept steamrolling through May 22 highs on increasing volume, and is distancing itself from the psychological 1.40 level on Monday. It appears the action may not slow today with the 8:00 bar on the 4 hour registering a higher volume than the previous 5 sessions. Additionally, our trend…

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