Same support trendline holding the EURO
Hi Folks:
Euro has been held several times at the same support trendline.
We are trading below most of the EMA's and therefore we are still on bear's hands.
I am not recommending nor opening myself any position at the moment until we clear the air a bit more. At this point anything could happen but it is mostly bearish at the moment, so expecting a break out at some point to 0.82795 area.
Cheers
-------------------------------------------------
Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.
Euro has been held several times at the same support trendline.
We are trading below most of the EMA's and therefore we are still on bear's hands.
I am not recommending nor opening myself any position at the moment until we clear the air a bit more. At this point anything could happen but it is mostly bearish at the moment, so expecting a break out at some point to 0.82795 area.
Cheers
-------------------------------------------------
Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.