ChartSecret.com FOREX Analysis

ChartSecret

Master Trader
Jun 26, 2009
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www.chartsecret.com
Several interesting patterns have developed at these charts at the last week:

EUR\USD
02-08-09-eurusd-triangle-daily.jpg

A Symmetric Triangle at the Daily charts of this signaled the continuation of the uptrend. Precise pullback to Resistance trendline also confirmed the strength of the trading signal.

02-08-09-eurjpy-wedge-reversal.jpg

Wedge at EUR\JPY and USD\JPY signals Bearish reversal at the next week. Wait for price to reach a Resistance level and enter short after candlestick confirmation.

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