Now, the market will probably retrace down to the trend line area / Structure before it makes its move up again.
We just had a bullish engulfing candle, I would set to go long till it hits next zone. Let see how this one goes.
This paired formed a double bottom. Let's see if we can break past 1.4000 and close above it.
Bearish strong engulfing candle and it will probably continue to drop further down.
This trade could be a nice one to the downside, from just all the price action it has left us. I'm pretty confident we can score some profit on this one.
After the bad annoucnment from Apple that caused the US Dollar, I can see it drop a lot further down.
By from what I am seeing there's a big sell to the down side.
This could be a potential solid setup for a longterm on EUR/USD. Now, we must wait patiently for the trendline to break or some kind of price action.