Wednesday, November 25, 2009

Eur/Usd M15

Hi all,

Below is the Eur/Usd Elliott Wave Chart.

This pair is FLAT for last 2 weeks without any clear trend or direction.. Fluctuating between the price range of 1.4820 - 1.499.. Now the price is 1.4989, it has touched the upper trend line. Current price range is act as very good resistance area..

Might need a news release to break the trend line? who knows!