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EURUSD--FRIDAY, May 29, 2009

An update of the patterns from charts posted yesterday. The higher area of support noted right around 1.3800 held.

A 4 hour chart:

090529-0606-eur4hr.gif

And similarly the third corrective wave held at a level 1.272 below the low of the first corrective wave.

A 2 hour chart:

090529-0619-eur2hr.gif


And a 1 hour chart:

090529-0617-eur1hr.gif


Posted by Pure Guesswork on May 29, 2009 6:31 AM |

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