EUR/USD fails to creep back. Turned resistance

Remember i mentioned that the EUR/USD seems to be trying to climb back to the daily channel but i am more short biased?

It seems that it indeed failed and the former support is now resistance.

Interesting to note that under the Koala System, daily is starting to become flat.

Potential bear to appear.

Posted by The Forex Koala - June 12, 2009 at 3:02 pm

Categories: EUR/USD Forecast Tags:

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