EURUSD - Weekly Market Analysis - September 2018, Week 4
On the daily chart the market break above and close above the Resistance(Red Line) but on the 2nd candle it closed below.
Hence, EURUSD on its daily chart hasn't formed a bullish bias yet.
However, on the 4-hour and 1-hour chart, the bullish bias has been formed. Based on the 1-hour chart and how most trend following trader trades, the green zone will be the area that trade might be looking for a buying opportunity.
Hence, EURUSD on its daily chart hasn't formed a bullish bias yet.
However, on the 4-hour and 1-hour chart, the bullish bias has been formed. Based on the 1-hour chart and how most trend following trader trades, the green zone will be the area that trade might be looking for a buying opportunity.
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