6m 1s: Lenght

To Get Ross' Free Forex Update Analysis - Click Here: http://mytotalsupport.com/cpv/base.php?c=86&key=fd5d14f7ec45b14d31a944108238114b&ls=youtube&keyword=forex_trading_strategies&ad=uvx1v1I0_8k And then the second trend we were looking at is the green trend line. The falling trend that we’ve seen over the past few weeks on the Brexit news. A significant dip lower, but interesting that we’ve been in a predominant falling trend for the past several weeks, going back to April and May of this year, when it capped out at the highest high on the chart. Zooming it in here on the daily timeframe, we’ve been studying this black box here and somewhat of a little bit of a range that has developed in there. We saw earlier this week the market attempt to push underneath it. We actually sold underneath it. Saw some profit. The market turned back higher, took us out at break even, and now has continued to push into the next resistance level, the green-shaded area. We could see historically on the left-hand side of the chart, over here where this blue box is. Kind of hard to see that little, blue box there, but over here on the left-hand side you could see it and let me see if I can move it around a little bit, so you can note where I’m looking at. Back here on the left-hand side, you see at the bottom of that little blue box you could see some support at the green-shaded area. And then not too distant into the future we see resistance here and resistance here, and now we’re right there into that same area. 1.1105, 1.1130 is our resistance. Take a look at what happened yesterday. The market found resistance, went all the way back down into the 1.1070, 1.1060-level, the yellow-shaded area. So, that’s what we’re looking at today. We’re back into that green-shaded area. Of course as mentioned, we do have some GDP data out of the US today that may affect this currency pair. Of course if it’s positive, the advanced GDP, if it’s positive for the US, we might look for this to take a little bit of a turn lower. If it happens to come out negative for the US data, we could be looking for this to take a little bit of a turn through the green-shaded area. https://www.youtube.com/watch?v=uvx1v1I0_8k Disclaimer: This video is for general information only and is not intended to provide trading or investment advice or personal recommendations. Any information relating to past performance of an investment does not necessarily guarantee future performance. Forex Traders Daily including its analysts shall not be responsible for any loss that you incur, either directly or indirectly, arising from any investment based on any information in this video. Please remember derivatives and FX spot carries significant risks and may not be suitable for all investors. Losses can exceed your deposits.