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The ECB published its protocols. The published ECB minutes could not support the euro.The first support lies at 1.1150 and then at 1.1040. The first resistance stands at 1.12, the next one is at 1.1350.There is a confirmed and a strong sell signal. The price is under the Ichimoku Cloud and it is under the Chinkou Span. The Tenkan-sen and the Kijun-sen show a horizontal movement. The downward movement will be until the price is under the Cloud.The MACD indicator is in a negative territory.
The price is consolidating.Trading recommendationsAfter the support level of 1.1150 breakthrough down the way to the support 1.1040 will be opened. Choosing a Forex Broker that is right for you is an essential step towards a successful online trading experience. Anyone interested in trading or investing Forex online needs to select a Forex Broker in order to facilitate their online trading, as there is no central market for this activity.During the past few years, there has been major growth in the number of online Forex Brokers, each with their own unique forex 4 hour chart trading bonds.
This thread will be dedicated to showing how Currency Trading on the Daily and 4 Hour Time Frames provides more consistent and stable gains relative to trading on the Smaller Time Frames.
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