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Forex Trading: EURUSD Falls Post Housing Data But Holds Intraday Support
Posted on February 28, 2012 at 09:23 AM EST
The EURUSD fell on the Case Schiller data (risk off) but the buyers showed up against the 50% of the days range and the 200 bar MA on the 5 minute chart. The  last intraday lows were also at the level.  Activity remains two way it seems for the pair as the market awaits the [...]

The EURUSD fell on the Case Schiller data (risk off) but the buyers showed up against the 50% of the days range and the 200 bar MA on the 5 minute chart. The  last intraday lows were also at the level.  Activity remains two way it seems for the pair as the market awaits the LTRO tomorrow. The 100 bar MA is at 1.3441. Traders will watch this level for intraday … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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