Looks like a good launching pad for a bullish rocket :)
xnedja
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Razvan Can you recommend me a website where I can learn trading techniques or books ..?
thank you in advance
xnedja
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I expect the bulls regain a little strength, it looked like they were in a knockdown.
Razvan
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I see a rally only above 1.3405
xnedja
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Yes, very possible. Tomorrow is NFP bulls may strengthen a little ... ;-)
Sam0101
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great job, how about the kiwi?
Razvan
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Hello, the kiwi is on a down trend if we look on a 60 min chart with good resistance area around 0.8560. But on the daily the up trend is still in place. I would wait on the short term bearish signals between 100 - 200 ema area or a break above the 200 to confirm the daily up trend.
Razvan
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Sam0101
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so the bullish trend will form around 0.84?
Razvan
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0.84 is under the 200 ema, so i think that a drop there will signal a possible bearish trend.