 |
| EUR/USD 1-hour chart, source: forexfactory.com |
Since June 16, one of the major currency pairs, EUR/USD made V pattern and keeps rising.. Beginning of the week the currency pair made a gap and rose. It is under the adjustment now.
The gap is filled in ordinary cases, and the gap on Monday is going to be filled. Euro hardly moves in rapid speed.
In the weekly chart, Euro keeps a mild upward trend to U.S. Dollar, it is eligible to keep a long bias against Dollar, I think.
In this week, however, we need to look at the political situation in England holding the referendum on Thursday than analyse the chart. Some news from Britain say more people hope to remain in EU since the terrible accident but nobody knows the result.
http://cafe.naver.com/gjallarhorn/33
No comments:
Post a Comment