EUR/USD: A failed double-bottom pattern

Date: Wednesday 03 Jul 2013

The EUR/USD has failed to confirm a bullish scenario although a 'double-bottom' pattern had appeared likely, according to technical analysts at Digital Look.

"The currency pair moved below 1.2982 to cancel out the reversal pattern. It now appears determined to find support at 1.2850 while the resistance level...

Special promo:
Trading the Forex Market? Visit FXmania.com to get advanced infomation about currencies and the Foreign Exchange Market.

« Go back to news channel

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE