EURUSD remains in uptrend from 1.3477

mohmed-tarek

Trader
Apr 11, 2013
46
1
22
cairo
borsaforex.com
EURUSD remains in uptrend from 1.3477, the fall from 1.3966 could be treated as consolidation of the uptrend. Support is at 1.3845, followed by the upward trend line on 4-hour chart. As long as the trend line support holds, the uptrend could be expected to resume, and next target would be at 1.4000 area. Only a clear break below the trend line support could signal completion of the uptrend.
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fxapex

Active Trader
Jun 7, 2013
258
13
29
EURUSD has been very volatile but with enough at these levels it might make positive move in this week.