Daily Forex Trading Commentary - Monday 31st March 2014

GBP/USD - Price Rejects Support At 1.6600 And 8-Day EMA

We have revised our support level on this market to 1.6600 - it is a round number and you can clearly see it has acted as support in the past. We may see a small retracement before price pushes higher to retest key resistance up near 1.6800 over the next few days.

This price action trading commentary is published by Lewis Barber and represents his current view of the forex market.

Views: 68

Comment

You need to be a member of Forex Social Network to add comments!

Members

© 2019   Created by FXStreet.   Powered by

Badges  |  Report an Issue  |  Terms of Service