As you can see from the chart above, the single currency has been trading in a range for the past 3 days now. the area of 1.1605 resist the pair from trending higher and need to be cleared to test 1.1700 area. on the downside, 1.1535 area is needed to cleared to test 1.1400 area. The pair will break out of the range during or after FOMC .. on the other side, EU economic summit will also add more volatility to the single currency. we should monitor the development and Price action on the pair ahead of the breakout so that we catch the move in the right trend. please be patient and discipline coz thats what you need at this time condition in the market.
Trade Safe and apply sound portfolio management.
Your trading success is my Joy...............
ReplyDeleteOne of the world's most popular and high recommend powerful Efficient Bitcoin Miner machine available in stock for sale at very low price with free delivery to worldwide, get it fast...........fee comfortable with this