DAILY FOREX TRADING OUTLOOK FOR 31/01/2019

Spread the love

The EUR/USD moved up today after breaking out of the confinement zone around 1.1429.This came after what can be termed as bear trap around 1.12982 formed last week. This ultimately clued us into believing the Bullish has taken over .The next resistance around 1.15708 will be the determinant zone for the bullish bias.A close above this level will ultimately confirmed the bullish bias.

1 Comment

Leave a comment

Minimum 4 characters