My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
August 20, 2015
EURUSD Moves above 200 Day SMA
EURUSD Daily shows price moving above 200 Day SMA. Bulls need a close above this line to extend the up move. Immediate resistance seen in 4 Hour chart. This level must be crossed for price to move towards the Daily range top which is shown in last chart.