alexlqi

EURUSD reaches convergence zone

alexlqi Updated   
FX:EURUSD   Euro / U.S. Dollar
As the price reaches EMA 50 and resistance, it's interesting to see what would happen next! I mean, that was a very straight spear heading up.
Comment:
Price went thru the convergence zone, now trying to reach resistance level of 1.235 for closing this week at that level. Elections in Italy may produce a lot of turbulence with all the Euro pairs, so best thing to do is close all Euro positions and retake them at market opening.
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