Intraday Market Thoughts

EURUSD Recurring Cycle Break, but will it be Different this Time?

by Ashraf Laidi
May 8, 2012 9:35

Last Tuesdays short bias in EURUSD was not filled but the expectations that the 4-week trend line would be broken did materialize. For the 3rd time in 2 months, the pair broke a 4-week trendline support yet did not close below 1.30. Will it be different this time? Find out in our latest Premium Intermarket Insights. For direct access, please click here: Non subscribers, can click here:


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