EURUSD - 15min

30 Haz 2014

Quick update of our 15min EURUSD chart. We have a nice channel developing however momentum is looking a bit shaky here. Price needs to hit the resistance at the orange arrow first followed by the grey arrow to validate the uptrend. Failing to do so would be a bearish sign. Positive developments are that price and mid term support levels continue to move up inside the channel.