EUR/USD Continues Trading in Ascending Channel

After a short period of consolidation, the EUR/USD looks to continue trending higher and continues to trade within a tight upward channel. The pair has reacted rather nicely to both trendlines in the channel and offers several trade opportunities to forex traders. On the long side entering in to a…

Source:EUR/USD Continues Trading in Ascending Channel

This entry was posted on Thursday, October 22nd, 2009 at 4:45 am and is filed under Forex Rates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply

You must be logged in to post a comment.