On the day forex chart there is an up trend and it bounced off of a prevoius high. Do you guys think that it is still a long term uptrend or did the uptrend change to a downtrend?
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DislikedTake a look at the EUR/USD price on Jan 03, 2005 it is the same price for may 07, 2007. This the highest EUR/USD price has gotten 2 1/2 years. Could this be a double top?? If it it the price should continue to go down, right?Ignored