EURUSD Jan-17-2017 - Trade Achievers

EURUSD Jan-17-2017


MARKET ANALYSIS: The price was trading near the monthly resistance level. Now it has broken the resistance level . If the resistance now which turned into support holds on we can expect a huge uptrend. But for better entry wait for the candle to close above the resistance in the daily time frame for conservative trading. If the market closes below the support again in the daily time frame trade will be invalid. So lets wait and see what the market does in the coming days, Cheers!

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