Posts Tagged by forex robots

EUR/USD-Daily Trendline Broken

The following is your daily EUR/USD outlook for March 15, 2010. The downward daily trendline was broken on Friday, setting up for a further move higher in the EUR.  Short-term caution is still warranted due to the high likelihood of false breakouts.    That said, the “saucer” like formation on the daily charts makes a re-test…