Robots meta found: ""Robots meta found: "" EUR/USD Looking for Triangle and Momentum Breakout - Forex Trading Strategies

EUR/USD Looking for Triangle and Momentum Breakout

by Kernel on February 22, 2012

After bouncing up from 1.32, instead of rallying to 1.33-1.3320 resistance area, the EUR/USD traded into a congestion triangle seen in the 1H chart. It should be noted that USD has been gaining across the board against the GBP, AUD, NZD, CAD, JPY, but not against the EUR, and CHF. EUR/USD Looking for Triangle and Momentum Breakout

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