Monday, December 12, 2011

EURUSD Technical Chart | 13-Dec-2011

 Let us see the chart of EURUSD currency pair with Doda-Doanchin and Doda-Bollinger Bands indicator.

EURUSD Technical Chart
EURUSD Technical Chart


Doda-Donchian gave sell signal on EURUSD @1.33547. The same was already confirmed by Doda-Bollinger Bands. So, it started moving downward. On the upper side, the strong resistance will be at 1.34057 and on the downside, support will be at 1.3148, 1.30987. Watch these support levels carefully. There SHOULD be some bounce back after kissing these levels.

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