Rejection of 42 was an easy short, a lot of orders sitting there. If we take 4100 out, we'll probably test the low again. (61.8% off the 13417 HL btw)
But if YH holds, we'll take another swing at resistance.
It's been a nice range this week. USDX and EU both fighting over the WPP.
If you look at the weekly chart it's obvious that this area was going to be a complete shit fight. Once the smoke clears, we should have a very nice move off of it.
GL w/ your trades.
http://www.forexfactory.com/showthre...58#post4640758
But if YH holds, we'll take another swing at resistance.
It's been a nice range this week. USDX and EU both fighting over the WPP.
If you look at the weekly chart it's obvious that this area was going to be a complete shit fight. Once the smoke clears, we should have a very nice move off of it.
GL w/ your trades.
a couple of hurdles to see about first. (especially 42)
.
