neutral analysys waiting for confirmation
EUR USD JUST BROKE THE PREVIOUS TRENDLINE YESTERDAY AND TODAY IT TRIED TO GO UP AGAIN BUT THE PRICE GOT REJECTED BUT THE SAME TRENDLINE AND FIB LEVEL NOW IS CONSOLIDATING I PERSONALLY DONT LIKE THIS TRADE TOO MUCH SINCE THE RISK REWARD RATIO AINT TOO GOOD IS LIKE 1:1 BUT WE CAN TRY IT ON DEMO ALSO THE PRICE GOT REJECT TODAY AFTER THE NEWS ON THE MONTHLY RESITENCE...
gbpjpy is on strong downtrend on the daily and weekly timeframe and yesterday it hit the trend line rejecting it going down again now im expecting and entry on the 50% fib level and run it as a sell!