Another Failed Euro Confirmation, GBP Struggles

by Ashraf Laidi

May 16, 2011 20:48

EUR fails to close the day above its 55-dma after Friday's failure to do the same. These back-to-back daily failures are signaling upcoming downside for the single currency. Click on today's premium article for the updated levels on EURUSD, USDX, GBPUSD. http://www.ashraflaidi.com/products/sub01/access/?a=425

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