After experiencing a 3.99% bullish move in the space of 5 days, nobody knows where Mcdonalds Corp. is headed.

Those of you that are trend followers are probably eagerly watching Mcdonalds Corp. to see if its latest 3.99% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 5 days move.

GBPJPY is quickly approaching the support line of a Flag. We expect either a breakout through this line or a rebound.

GBPUSD – approaching a resistance line that has been previously tested at least twice in the past

Supports and resistances are primary concepts of technical analysis. NZDUSD is heading for an important price of 0.5861 – read about what this could mean for the future.

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After experiencing a 3.99% bullish move in the space of 5 days, nobody knows where Mcdonalds Corp. is headed.

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After experiencing a 3.99% bullish move in the space of 5 days, nobody knows where Mcdonalds Corp. is headed.

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