EURUSD :Major Support Trend line is broken
There is never just one single price direction for very long in the Capital Markets. Here we have a perfect example. The SPX500 is due a new historical high, and it will fall in time nicely with the retrace due on GBPUSD. I am wishing hoping and praying for a price of 2120 or above to get shorts onto, for once we touch heaven it will be back down into the depths...
So taking a look at the USDCAD right now after some banter on the chat :) My lines represent where I suggest you short or PUT the asset. For binary its all about 15-60 minute expiration. For FX its all about adding more points on for each new line crossed. See the predicted potential drop off zone, potentially a huge amount of unsupported price there. Plus check...