Hi Traders
What's happen Today's on Forex Market....
The Euro (EURO)- fell to a three-week low versus the dollar on the release of an ECB report showing money supply growth slowed more than economists forecast in March...
EUR/USD-After bottoming at the key Fibonacci level of 1.5550, the pair is showing regenerated bullish momentum. The 4 hour Slow Stochastic is showing a bullish cross, and it appears that on the hourly level the next target price is 1.5680. Going long appears to be preferable today.
Trading Tools News:Can retracements help determine direction? How do you know when to change from support to resistance? Do you ever use both on the same chart?
When do you enter long? When to short?
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Regards
Forex.DelijaWorld.com
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