Hi people,
Great analysis in the forum as usual.
I would wait to see how the asian trading session reacts to the IMFs propsoal of a $1trillion boost. Since everyone is trading on speculation at the moment. I would expect the asian session to push euro to 1.29100 level. Furthermore, on the 15minute chart both the 21day ema has held very well today and price has failed to break through. Yes, there is an ascending wedge forming, which usually signals a reverse, but i think its too early to call
happy trading peeps!
Great analysis in the forum as usual.
I would wait to see how the asian trading session reacts to the IMFs propsoal of a $1trillion boost. Since everyone is trading on speculation at the moment. I would expect the asian session to push euro to 1.29100 level. Furthermore, on the 15minute chart both the 21day ema has held very well today and price has failed to break through. Yes, there is an ascending wedge forming, which usually signals a reverse, but i think its too early to call
happy trading peeps!