Trade ideas for March 28 - April 1
Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
EUR/USD: lower "Window" waiting for bears
2019-11-11 • Updated
There's resistance by the "Window", but the 55 Moving Average is acting as support. Also, we don't have any reversal pattern so far, which means bears are going to test the next "Window" in the short term.
The 34 Moving Average is acting as resistance, so we've got a bearish "Engulfing" on this line. However, confirmation of this pattern is a quite weak, so the 34 MA could be tested once again. Meanwhile, there's an opportunity to have a new low soon.
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