Hey Mike/Jarroo,
Checkout this EURUSD Daily Chart...
Initially its a strong Bullish momentum from 1.2878 n as u can see in yellow box,the Bars look as if they are running out of fuel,even today's bar(though yet to get over) doesn't seem to be moving much.Also 1.37-1.38 looks Resistance Area to me..so do u expect any Bearish Trend next week??
Just need ur adivce..
Thanks!
Good Trading!!
Checkout this EURUSD Daily Chart...
Initially its a strong Bullish momentum from 1.2878 n as u can see in yellow box,the Bars look as if they are running out of fuel,even today's bar(though yet to get over) doesn't seem to be moving much.Also 1.37-1.38 looks Resistance Area to me..so do u expect any Bearish Trend next week??
Just need ur adivce..
Thanks!
Good Trading!!