Multiple market trade report – trading bi weekly report EURUSD Dollar index Oil trading
MME Bi Weekly Trade Report September 17
The EURUSD trade
Weekly chart shows price failure with the buyers moving in off of bottom closing in a hammer.
Hitting daily resistance, Inverse Head and shoulders could be forming.
Target 1.31 , Breaching trend line on the 1.2930 , Unsupported price 1.2945 to 1.2910
1 hour time frame we looking at a basing pattern breaking above the 50% (1.2960) 0f the pennant and testing the resistant daily trend line.
The Oil Trade