| The EURUSD ended Friday finding technical support on the chart against the 50% of the move higher and just above the 100 hour MA. It also found resistance sellers against the broken 38.2% Fibonacci Retracement level. On Monday, the bullish or bearish story should start to be told.
In the video report, Greg Michalowski, Director of Technical Analysis and Forex Trading Education for www.forexlive.com, outlines the trade and what traders should follow. The Forex Market is volatile. Technical Analysis helps to define and limit risk for traders. Visit ForexLive for real-time news, analysis and technical analysis of the forex market. SUBSCRIBE FOR FOREX VIDEOS EVERY DAY http://www.youtube.com/channel/UCpuHc… SUBSCRIBE TO OUR EMAIL LIST! LET’S CONNECT! |
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