HandraCapital

More swing down for EURUSD. Looking at 1.15878**

Long
HandraCapital Updated   
FX:EURUSD   Euro / U.S. Dollar
-Closed below the median line and first support has been breached. We are looking at possible testing of 1.15878 which is the lower line of the fork.
-1.17 has to break decisively and coupled with more turmoil in Europe, possibly that this pair will be BEARISH for the next few weeks. Overall still in the BULLISH trend, otherwise we can look to long at 1.15878 as we are BULLISH on the longer term.

Comment:
We are still at a strong support level but overall it closed lower showing signs of more BEARISHNESS.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.