EURUSD and Silver Technical Analysis

Exto Capital

Active Trader
Mar 11, 2010
9
0
32
After a large down move at the beginning of the week, the Euro treaded water and consolidated. Strong resistance near the break down level near 1.33 and the 5-day moving average are hampering further increases in the currency pair.

forex-chart-eurusd-19.gif


Silver Break Out

Silver played catch up this week, with a very large rally breaking through resistance and creating a new 2010 weekly closing high.

forex-chart-silver-19.gif


Analysis provided by Exto Capital