EUR/USD analysis of the week (4h candlesticks)

By IBTimes Staff Reporter | January 19 2010 4:11 AM

The parity EUR/USD just rebounded on the lower band of its bullish channel (black lines). We maintain to trade only long positions as far as the price is into its channel. Only a break out of 1.43 will comfirm that the support line is broken.

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