The market is currently in a state of consolidation after 5 quick movements. There is now a strong resistance as it has been tested 3 times. Support has also recently flatlined at the same previous lows. I believe EUR USD will continue to drop to the top of the flatlined lows and possibly even hit the 1.07000 area if support is broken.
First demo trade!!! Feedback is highly appreciated GBP/NZD 4/12/20 I decided to buy because of the upward trend although there is resistance. It is broken on mar 9, mar 19 and apr 3. March 31st- April 3rd broke the resistance for 6 days. (Is this time frame a supply zone and if so does this mean the trade is most likely going to go down? Does this mean I...