Feb 22, 2012

EURUSD

Still not much happening with EURUSD. I was able to fit in another bullish trend-line on the 60 minute chart. But I was also able to fit in a bearish trend-line as well, forming a wedge.


Ah, geometry. It's so much fun. I could draw trend-lines, boxes and circles all day.

This daily chart shows the price still reluctant to breach the 100 day simple moving average.


Until it either gets above that line, or moves lower, there's not much to report.