themarketzone

After being rejected by weekly resistance - What's next?

FX:EURUSD   Euro / U.S. Dollar
$EURUSD attempted rally last week was answered by strong selling near weekly resistance.
In this week's Weekly Markets Analysis I discuss about to possible trading scenarios for the $EURUSD:
1. Bullish - AB=CD aggressive buy setup
2. Bearish - Trend continuation towards 78.6 Fibonacci level.

Read more
http://marketzone.tumblr.com/post/99807198455/weekly-markets-analysis-10-10-14

Also setups for $AUDJPY, $EURNZD and $AUDCAD
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