EURUSD Resistance Line

Published August 19th, 2009 - 07:37 GMT
Al Bawaba
Al Bawaba

As mentioned this morning, the EURUSD trend is bearish below 1.4330.  If the pair is going to turn down, then this is a good place for that to happen.  A line drawn off of the most recent 2 highs is at current price.