FOREX Trading Review Video 03 AUG 09 EUR/USD + 149 pips

EUR/USD long trade based on the 4 hour closing showing strong upward momentum:
-4H bullish engulfing formation which closed above previous resistance.
- Price has found strong support off the box range which it had been in for a number of days.
- 4H close placed a higher high and a higher lower indicating more upward momentum.
- 1D has shown aggressive belt holding candle which closed about the previous long box range.