tscwee

EURUSD needs to retrace before Bull-action takes place

Short
tscwee Updated   
FX:EURUSD   Euro / U.S. Dollar
EURUSD is touching resistance 1.061 for the second time. A retrace is needed before it can bulls take over.
Only question is which support will it touch? - Perhaps safer at Potential Support #1
Comment:
It temporarily broke resistance at 1.06101/1.06200, and then came down below the support at 1.05734.

The day was consolidating to be bearish, but expected to see a bull early next week.

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