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DVtheTrader

4HR EUR/USD DIRECTION

Long
Euro / U.S. Dollar (OANDA:EURUSD)  
DVtheTrader  
OANDA:EURUSD   Euro / U.S. Dollar
Chart Patterns Technical Indicators Fundamental Analysis
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chartpattern indicator fundamental
On here i see EU going up. Bear candle has touched what was once powerful resistance and now it can act as support. Small reaction occurred before market closed. If broken, my bias is still bullish as it can fill the yellow line previous resistance turn support for completion of a "W" pattern. COT Data is bullish EUR as well compared to USD which institutions have closed a lot of long positions.

OVERALL PREFRENCE IS BULLISH EU.
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