FXCPS

Forex Chart Pattern Signals

Tuesday, October 03, 2006

Potential resistance

GBP/USD 60 minute chart
EUR/USD 60 minute chart
Charts courtesy of Dynamic Trader. Data provided by eSignal.

Above are potential resistance areas for both the Pound and the Euro.

If these areas are broken then a further analysis needs to be done until potential end of wave is produced but from the current data these are the areas of resistance.

Good luck.