Do have a bullish outside bar on the weekly? She is trying to break the 4hr resistence 3742 area, seems to still be going up despite the crisis in Eygpt, lots of oil here too. I am long, isl 100pips with a trail.
She should easily reach 3788/3815 at some point today. Looks to me 4100 areas are on the cards, but when? Surely minimal pullback, given we have a weekly bull?
I do not know what to make of this in regard to the eur/usd. A falling wedge is on the daily chart for the eur/chf, is expected to fall further over the coming sessions. Just moved my isl to 200pips as I am out and about today. Typically, I go long and she retraces, ha ha! Still long.