On our weekly Trade Forex Analysis of Trade set ups and ideas for August 27th to august 31st, here is our analysis:
Currency pair: EURUSD
Summary: This week’s price surged high after last week’s market reversal as the bulls took over. Currently, we look forward to trade along the upward trend, as we watch the long-term resistance level of 1.1412 turn into a new support line. We therefore watch for price action signals on any market weakness to rejoin the upward trend.
FourthStreet Consultants Weekly Trade Forex Analysis of Trade set ups and ideas for August 27th to august 31st.
