An overview of the
currency markets by 
What a day last Friday. We saw the EUR/USD go up a little bit then freefall down. We hope that everyone was on the right side of the trade on that one.
So, where do we go from here? Well, there are two key price levels to look at which will help determine the direction.
As you can see from the last few candles on the chart, it has been very bullish from the start of the day. Judging by the way the candles are forming, it seems as though we will continue to see more bullish movement in the EUR/USD.
However, look for the pair to cross either our top (horizontal) line or the bottom (horizontal line). A close above the top horizontal line will signal more upward movement. We’ve also drawn in a trend line that formed. If the currency pair continues to move up, then look for our trend line to act as resistance.
The months are flying by as it is already June and our trading year is half way done. Good luck with your trading and if you aren’t signed up to ‘The Trader’s Edge’ yet, be sure to do so you can get the latest Forex analysis from Pro Pipper Trading.
See everyone again soon.