After the good NFP, EURUSD consolidated in the descending channel.
There is a very nice descending channel, that is correctly respected.
The current price action make me believe that the downtrend is still in place, and we could attach the low of the range, and next touch the bottom of the channel.
Good luck!
More info:
crocotrading.blogspot.it/2015/06/technical-analysis-eurusd-06-june-2015.html
There is a very nice descending channel, that is correctly respected.
The current price action make me believe that the downtrend is still in place, and we could attach the low of the range, and next touch the bottom of the channel.
Good luck!
More info:
crocotrading.blogspot.it/2015/06/technical-analysis-eurusd-06-june-2015.html
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.