OANDA:EURUSD   Euro / U.S. Dollar
EURUSD Daily:

Price is trading within a daily descending channel creating clear lower highs and lower lows. Currently we trade above the 1.13 key level with the descending trend line capping price in a 40 pip consolidation between 1.13000 - 1.13400. We need to be patient with this pair and wait for the breakout in either direction. Technically we are still bearish but it's best for wait for price to show us the next move before jumping into any positions.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out