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jsaettele

EURUSD Neckline Re-Test

Short
Euro / U.S. Dollar (FX:EURUSD)  
jsaettele  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns EURUSD
4
0
trendanalysis chartpattern eurusd
EURUSD is testing its breakdown level, which is the underside of the neckline. This level is also defined by VWAP from the high (see scandex.com/2020/10/...et-update-october-5/) and the line off of highs in March and June, which was support on 9/17. I am looking for resistance to hold. Failure to do so would indicate a failed breakdown and be viewed in a bullish light.

Director of Technical Research at Krilogy, author Sentiment in the Forex Market

Twitter: twitter.com/jamiesaettele
Website: www.krilogy.com/

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