Monday, May 9, 2011

The Advisor Weblog

The Advisor Weblog

EUR/USD sellers in control

Posted: 09 May 2011 04:09 AM PDT

EUR/USD completed a pullback to the daily ascendant trend line broken past Friday, and resume its' bearish trend, so sellers seem to be in control, and selling on rises is the name of the game today. Quite limited in range, and with low volume, furhter confimation on Tuesday may be needed to talk about a change in trend.

 

 

Here is the link to see the report with more intraday details:

 

http://www.fxstreet.com/technical/forex-strategy/the-best-pair-to-trade-now/2011/05/09/


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Posted by at 6:14 PM

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