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EURO Breaks Out! But to the Downside! – August 24, 2010

posted by Avatar lytman02 1001 days ago in EUR, Technical, Fundamental made popular 1001 days ago

Good day FX friends! Here’s an update on the EURUSD which I posted last August 17 (please see my previous blog here). In that post, I mentioned the possibility of the euro breaking out to the upside. It turns out that I was wrong as the EUR, instead of moving north, slid and broke down. As you can see from its chart, it appears that the euro’s rece
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