EURUSD May Be Forming An Extended Triple Top

A triple-top chart formation looks like it’s in progress for the EURUSD.

First Peak = 11/2302007

Second Peak = 1/15/2008

Third Peak = 2/1/2008

According to chartists if the close of the EURUSD breaks the low of 12/20/2007 we could see further downside action in this market.

Let’s keep our eyes on this one.

Speak Your Mind

*