Yes its down. it was break the support and trend line 1.08671 and tested the 0.382 fibo level then again retested the broke support as resistance at 1.08671 an it couldn't break the tested resistance and price will go down. Note: Trade at your own risk.
Congrats on our massive previous sell more than 1000pips+ acheived in description below. So now EurUsd seen tested bottom trend-line after seeing our Reversal candles and reverse religiously back to the top trend-line,. So with all due respect to the major bearish trend-line. I think at this crucial breakouts or reversal we could be in for a good sell. However if...
Chart speaks for itself, easy setup with good probability of desired outcome. Nice & easy trade setup. GL
check this out good luck just be fast like banks and enjoy
EURUSD have been trading in a narrow range compressing channel from over the past few days - it fell quite sharply this morning breaking out the compressing channel base, i am expecting the market to revisit its prior lows around 1.1215. So wait for the market to retest the broken base and consolidation to then shorts. Trade Safe! Good Luck.
EurUsd - Daily - Sell setup. I see price below a weekly supply zone and below daily trend line resistance and a daily resistance level. Sell down to 1.12-1.10
STAGE 1: A small correction has occurred along with the prevailing trend. The correction shows continuous signs of weakness and it is not expected that it will become significant later. Therefore, the market's price is expected to continue on a large supply. Moreover, the RSI is currently hitting a trend-line, tested and re-tested multiple times before....
EU showing a big weak moment. Weekly candle close very very bearish. We could see the price touching the 1.15000 support zone and we would see if price breaks to continue until 1.14500 Monthly zone. In general, Look for short opportunities. Don´t forget to follow me and check old analysis.
As i mentioned yesterday Possible reversal from 1.1991 to 1.1200 psychological level. Reversal level reached today, I am gng to take sell positions on those levels. Due to ECB meeting there is chance to price will spike up to 1.1218 level.