Euro, Pound And Yen On The Cusp Of Breakouts as Liquidity Fades

Filed Under (Forex technical) by on 31-12-2008

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EURUSD volatility was stirred up through the early hours of Wednesday’s session – likely a reflection of waning liquidity. However, despite the pick up in price action, there was no real threat of a significant breakout due to the lack of momentum behind these leveraged swings. Congestion is likely to…

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back

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