Forex Trader

After several days fighting with the trendline the buyers manage to close the pair above the same in the last week at 1.4412, with daily MA100 on test for the beginning of the new one. To be easier, the pair opened this week with gap at 1.4458, above the daily MA100, which has become support and after wich the buyers have opened road to the next resistance at 1.4500. In the same day, resistance was broken after wich the buyers got wings today, pushing strongly up to 1.4618 high for now. The strong resistance at 1.4640/70 is waiting and closing the day above could give the pair aditional boost toward 1.4800. This is well prepared for the FOMC tomorow!