EUR.USD - Oct 15 - 2010 GMT - Follow up
October 15, 2010 2:52 PM
Here is a reference to my earlier post based on the 4 hr chart as a visual at resistance at 1.4136 and the follow up that hit down to "K" confluence support on the 4 hr chart shown on DLEVELS.net.
Note the earlier reference to the oversold level below the lower band and specified support. Given the higher time frame positive bias on trend, price did maintain a positive push intraday. The recent reaction to Bernanke's case for further easing sparked a price rejection (RRT) apparent on the 30 min chart. Both the adjusted 4hr chart with resistance then the following 30 min chart for reference on our forums.
Below is the direct link reference on our DLEVELS.net forum to the related post:
www.oahucapital.com







