FOREX VIDEO – New York Session Review – November 12, 2009

Posted by - 19/11/09 at 05:11 am

Yesterday saw extremes for the year matched on multiple fronts; to wit, the USD/CHF currency pair tapped its 2009 low just north of parity, the EUR/USD and S&P 500 formed double top patterns with last month’s highs, respectively, and the US dollar index matched its 15-month low. Today, the dollar found new vigor. During the New York session, a 65-pip short trade on the euro started at overlapping sources of resistance lines, and ended at a confluence of support lines.

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FOREX VIDEO – New York Session Review – November 12, 2009

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