Our Picks: EUR/USD
Time Frame: H4
It was a tough end of this week for both bears and bulls on EUR/USD. Strong bearish movement we saw pushed off key resistance level at 1.17200 to finish this vivid week. The pice is near the hsitorical demand zone, so it is very likely to be a retrace this Monday before we will see another potential down movement to the key support region at 1.15350. Hopefully we will find a good price to enter the market with our free forex signal next week.