Still a few pips downside on the EURUSD
We can expect more downside on the EURUSD before we can start thinking on going LONG.
We can expect a retrace to 4H trend line, but price has do drop to at least the demand zone seen in the 4H chart.
Technically if we get a daily confirmation(new higher low) it looks as if EU is change trend.
But fundamentally nothing is clear when it comes to the Euro, Greece and Mario always seems to make things complicated.
We can expect a retrace to 4H trend line, but price has do drop to at least the demand zone seen in the 4H chart.
Technically if we get a daily confirmation(new higher low) it looks as if EU is change trend.
But fundamentally nothing is clear when it comes to the Euro, Greece and Mario always seems to make things complicated.
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.