E$ bulls charging on......

Good Monday morning, my friends.


E$ bulls came charging back in style as expected on Friday, closing the week with a bullish piercing pattern. Having bounced strongly off 1.3000, it seems like the market is tempted to go another path with least resistance ie. to retest close to recent high.


Before we get there, we have to contend with a couple more hurdles which I will share as we get along through the week.

For today, E$ should consolidate Friday's gain with 1.3140/50 to hold (1.3090/20 news induced). 1.3230/40 band should a level to be reckoned with for now.


Market bias has turned and my R/R is favouring Buy dips strategy.


I believe this week should be another rewarding one and wish you all the best.


Learn to move on fast for yesterday's right call is but history now