After that the € is free to go further,what'll probably happen pretty quick through the lack of further resistance lines up to this price.Here a 5 year chart:
Monday, March 21, 2011
Euro at 1.50 $ pretty soon
Today the Euro went allready over 1,42 but retraced a bit again.In this 1 year chart you can see how tight it get's here for the Euro.I belive the € in this week braking this barrier:
This chart formation is called a "ascent triangle" and a good indicator for further rising quotes.
After that the € is free to go further,what'll probably happen pretty quick through the lack of further resistance lines up to this price.Here a 5 year chart:
After that the € is free to go further,what'll probably happen pretty quick through the lack of further resistance lines up to this price.Here a 5 year chart:
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