Forex Euro/ USd H1 - It break out the resistant and it try to push it through but as you can see that it just stop there without any follow through. This means that people don't have much confident to go that far yet ...so no buyers follow through. If it go below the H1 last candle low, then it will be a pull back unless it go above the candle but be extreme cautious. Also , the market are looking into the Bernanke Speaks tonight.
Friday, August 21, 2009
Forex Euro/ Usd, H1 - 21 August 09
Forex Euro/ USd H1 - It break out the resistant and it try to push it through but as you can see that it just stop there without any follow through. This means that people don't have much confident to go that far yet ...so no buyers follow through. If it go below the H1 last candle low, then it will be a pull back unless it go above the candle but be extreme cautious. Also , the market are looking into the Bernanke Speaks tonight.
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