T.G.I.F Traders,
The market did some really crazy moves this week.
Let’s see if we can harness some pips from the market before the weekend kicks in.
1. EUR/USD
On the EUR/USD pair, the week started with the buyers taking price to resistance level 1.14947 before giving in to the pressure of the sellers that pulled price down to support level 1.10516.
Presently we can see a pullback on the daily candlestick, back to support level 1.11717.
The close of the daily candlestick will reveal if the buyers are getting ready to take price back to resistance level 1.14947 or if the sellers will form a consolidation around the present support level before the close of market this week
What are your views?
Thank you, ladies and gents, for taking your time reading through our market analysis every single week.
Do have a fun-filled weekend
