- EURUSD Testing resistance zone.
- Bulls here need a daily close above 50 Day SMA which has not happened for a very long time. Trend may change only on a cloud breakout.
- Immediate resistance zone at 1.10 levels.
April 24, 2015
EURUSD Testing resistance levels
Gold Triangle and Range
- Gold 4 Hour managed to stay inside the triangle.
- If the Triangle does not give good direction price may remain in a range as shown in chart 2.
- Gold bears need to sustain below 200 period SMA shown in 4 Hour time frame.
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