EURUSD: 4H candle closed below 200 EMA. So does that mean the 200EMA now becomes resistance ? Thanks in advance. I am trying to learn

Comment by Priyank Nevatia on February 27, 2014 at 10:28am
Thanks Daologic. I appreciate your help
Comment by teddy on February 27, 2014 at 10:49am

I would add the word potential - potential resistance.

Comment by Luke S. on February 27, 2014 at 10:54am
4H resistance can always overshoot 20-30 pips, PA is fishy might get a quick rise to take weak shorts out and turm again, GL

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