EURUSD reaches convergence zone

2 Mar 2018

As the price reaches EMA 50 and resistance, it's interesting to see what would happen next! I mean, that was a very straight spear heading up.

2 Mar 2018

Not

Price went thru the convergence zone, now trying to reach resistance level of 1.235 for closing this week at that level. Elections in Italy may produce a lot of turbulence with all the Euro pairs, so best thing to do is close all Euro positions and retake them at market opening.