| FOREX TRADING EDUCATION: The story can change in your forex trading dependent on a lot of things fundamentally and technicallly. Let’s face it, seeing the distant future can be really difficult.
Earlier this week, the EURUSD moved above a key technical resistance level turning the bias higher. The price moved nicely above a few levels before running into the 200 hour MA. That is where the technical story started to change from more bullish, to potentially more bearish. In this video, Greg Michalowski at ForexLive looks at the price action of the EURUSD and shows where the traders bias – and story – turned around and explains why that happened. |
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