| EUR/USD - Gap Fill Potential Posted: 13 Apr 2010 08:10 AM PDT  Price action on EUR/USD, a daily chart of which is shown, has yet to fill the substantial gap up that occurred in the very beginning of this new trading week. After establishing an approximate double-bottom low late last week, price action rose swiftly with the noted gap to reach a high of 1.3690 on Monday before retreating back down. As mentioned, the inter-week gap has not yet filled, but could soon be preparing to do so. For more technical analysis on this currency pair, please click here for Tuesday’s (4/13/2010) Chart of the Day.
- James Chen, CTA, CMT * For information on my DVD set, High-Probability Trend Following in the Forex Market, please click here.
* For information on my book, Essentials of Foreign Exchange Trading (Wiley), please click here. 
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