The markets can handle some uncertainty, but the lead-up to the Fed’s eventual announcement on tapering may be stressing the system
Saturday, March 26, 2011
expected wise
Previous post was indicate how price moving inside channel, and it's proven again when 1.6090 become Resistance. Late friday GBPUSD just kissed 1.6000 as my expected rallies.
Nothing weird after this, it just pull back from 1.6000 and price will play within this range.
I still monitor weekly time frame. For this moment i still cannot give solid direction where are the market heading. Maybe on next week hope for more clear direction.
Happy weekend.
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