FOREX CHART ANALYSIS FOR 7/5/12 BY ADELEKE ADEWALE

EUR/USD formed a counter trend pin that doubled as false break of support  around 1.3000 zone.Initially this market has been in a range condition, ranging between 1.3284 to 1.3000.We see this market resuming the ranging version because of the formation of a false break bullish candle.The breaking of the closing price o f this pin may give room for higher price

 

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I welcome everybody to the inauguration of this lovely blog.I noticed in Nigeria that we only have many successful trainer rather than successful forex trader.This led me to start this journey in order to cut a niche for myself in this field.The journey has been very tough just like any successful career journey in life.But above all it worth it.Don't ever give up on your dreams in life.