EUR/USD Technical Analysis 29 April ,2015
Source: ACFX Forex Broker (acfx Review)
Tuesday EURUSD continued to rally and has now traded up to a major down channel top.
The question is can EURUSD breach this and the 1.1000 level or will sellers come into the market and push the price action lower.
This morning I am monitoring the price action for a test of the channel top.
Alternatively a failure to sustain a move above this level could see EURUSD trade back down to the 1.0900 support level.
From a technical perspective EURUSD is trading in an intraday 1 hour up trend with the line of control at the 1.0850 level.
Tags : EUR/USD Chart forex bonus without deposit Forex Broker forex broker bonus forex learn forex learning forex learning pdf forex tutorials for beginners pdf how to trade forex for beginners pdf learning forex trading pdf