Technical Analysis: Daily Chart Art - May 18, 2012

[Carlos]

Welcome to your favorite news channel. This is just in

EUR/USD: 1-hour Well, well, well... It looks like the EUR/USD bulls have finally managed to stop the bleeding and prevent further losses. But with the pair trading within a very tight horizontal range, are the bears simply taking a break before pushing the pair down again? Since it is still unclear where the pair will go next, waiting for candlestick confirmation is a good idea. If you're part of the bull camp, a close above 1.2750 is a good indication of a reversal. On the other hand, if http://feeds.feedburner.com/~ff/technical/analysis-reports?d=yIl2AUoC8zA (http://feeds.fxstreet.com/~ff/technical/analysis-reports?a=jDvIF6cNnhc:IzE7ybyia8U:yIl2AUoC8zA) http://feeds.feedburner.com/~ff/technical/analysis-reports?d=qj6IDK7rITs (http://feeds.fxstreet.com/~ff/technical/analysis-reports?a=jDvIF6cNnhc:IzE7ybyia8U:qj6IDK7rITs) http://feeds.feedburner.com/~ff/technical/analysis-reports?i=jDvIF6cNnhc:IzE7ybyia8U:F7zBnMyn0Lo (http://feeds.fxstreet.com/~ff/technical/analysis-reports?a=jDvIF6cNnhc:IzE7ybyia8U:F7zBnMyn0Lo)


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