RaynLim

EURUSD - Weekly Market Analysis - September 2018, Week 4

FX:EURUSD   Euro / U.S. Dollar
On the daily chart the market break above and close above the Resistance(Red Line) but on the 2nd candle it closed below.

Hence, EURUSD on its daily chart hasn't formed a bullish bias yet.

However, on the 4-hour and 1-hour chart, the bullish bias has been formed. Based on the 1-hour chart and how most trend following trader trades, the green zone will be the area that trade might be looking for a buying opportunity.

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