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FX.co ★ bridget.franecki | TST as the Foundation for Medium-term Trading

TST as the Foundation for Medium-term Trading

The levels that came late to yesterday’s distribution were actually quite good, I’m talking about eur/usd, but the price decided there was no point looking at them, specifically at where the mandatory zone is located, and just went up. As a result, it broke through a decent resistance in the form of that same mandatory zone and the daily balance. For today we get levels, even though without a mandatory zone, but with prospects for the price to grow not just to the daily balance, which is sitting at 1.1468 today, but also to a new high of yesterday’s day. That’s what I’m thinking for now. On the filters everything is turning sell again, but that song can be a long one. In the long term I’m still looking for a decline, but in the short term we can get these kinds of moves toward 1.1500.

TST as the Foundation for Medium-term Trading

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