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 level in yellow; uptrend lines in green; downtrend lines in red; Fibonacci retracements in grey; 50-period simple moving average in light blue.) 1/30/2009 – EUR/USD – After showing hints of a possible recovery on the heels of plunging almost 2000 pips in just over a month, EUR/USD (a daily chart of which is shown) has once again fallen dramatically within the past

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