EUR/USD Ready To Resume Its Ascend And Test 1.5220

By George Zabel
October 28, 2009 10:34 AM

Symbols: EURO, EURUSD

Posted in: Options, Forex, Analyst Ratings, Movers

The Euro Appears ready to resume its uptrend soon, technical analysis supports this scenario in a number of Euro pairs not just EUR/USD.

I am more than convinced my target of 1.5220 will be within short sight soon, though unknown under what volatility levels this can happen.If rally doesn't start on this Thursday the latest, then one may need to do their analysis one more time, but overall I think the odds favor this scenario.

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EUR/USD Ready To Resume Its Ascend And Test 1.5220

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