Eur/Usd: Descending Triangle Forming

Feb 24, 2009 23:44 Est

Casey Stubbs– Winners Edge Trading

The Euro/Usd has reached a point where the pair has not had any clear direction in the past few trading sessions. However now we are forming a Descending triangle which usually indicates a further move to the downside. So watch for the pair to break out of the triangle.

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