On yesterday session EURUSD initially fell but found enough buying pressure at 1.1097 to turn around and closed near the high of the day, close to a daily resistance at 1.1232. A break to the upside of the daily resistance at 1.1232 would suggest another push higher to the next daily resistance at 1.1459. Today in most countries is Bank holiday due to the Labor Day so we may expect light trading volumes.
"I trade to make money not to be right." |