June 4, 2014

EURUSD Chart update

 
  • The 4 hour cloud discussed in the earlier post of EURUSD Has acted as resistance.
  • Second chart shows the recent swing high too acting as resistance confluence.
  • Last chart shows the big daily range below which the pair is trading now. Any up move towards the range may give selling opportunities. Bigger up moves will be possible only if price gets back into the range.


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