24th Jan - Will EUR/USD Bulls Give Up?
24 January 2014
WEEKLY CHART:
The medium term recovery has hit resistance from the long term 61.8% retracement – we stay on the lookout for a possible reversal as bulls fade away.
DAILY CHART:
Resistance from the rising resistance line is holding nicely, with a recent return to a rising support line seen. A break through this would signal upward momentum had waned, heralding a correction phase.
Next story:
31st Jan - Natural Gas Enjoys Buoyant Motion 
Previous story:
23rd Jan - Sugar Dips to Long Term Supports