Chart of the Day – EUR/USD
(Chart courtesy of FX Solutions’ FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; horizontal support/resistance levels in yellow; uptrend lines in green; downtrend lines in red; 50-period simple moving average in light blue.) 6/15/2009 – EUR/USD – Price action on EUR/USD, a daily chart of which is shown, has formed a rough head & shoulders pattern that hints at a significantly bearish reversal potential if price is able to continue its break below the 1.3800 region. The