The EURAUD is currently in an uptrend so it is likely that this uptrend will continue. Carrying out a Gann analysis you can see that the last top at 1.6450 was rejected by the 1/3rd angle if this angle is to hold the market then it is likely that at the current rate of climb the 1/3rd angle will intersect around the 1.6180 area which is also strong resistance.
http://screencast.com/t/gsT5RytYxYm
Looking at a daily chart we can see that when the gann angles are projected from previous highs and l…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –