28/04/2020 4hr trend line broke through

28 April 2020

11H40

By

Edward M. Hamman

Wadafox Trending

Good day all.

To start off today, I was waiting for the market to do something and finally I got an indication of the 4 hr trend line that broke through. This means the bulls did regain their strentgth as we thought they would, and we can see a good movement to the upside.

We have a resistance line at 1.08930, so we will have to be patient to see how the market will react to it.