- ES 4 Hour shows price falling to the middle of the range.
- ES Range is unlikely to resolve soon. Range bound move likely to continue.
- EURUSD Chart analysis
April 17, 2015
- Price testing 200 Day SMA
- Bulls pausing at 940 - 945 zone which was the last major swing high. As the last chart shows this swing high must be crossed to start showing Higher High's and Lows.
- So more bullishness on closing above 200 SMA.
- NIFTY Chart analysis