EUR/USD OVERVIEW – OVERALL SHORT
Updated
EUR/USD broke resistance (between 1.12 - 1.11) in its bullish channel after BREXIT.
The pair could move to 1.12 before falling to 1.08 in its minor bearish channel = Minor Bullish & Major Bearish
MONTHLY: Bearish Channel, Bullish Major Trendline Support
WEEKLY: Bearish Channel, Bullish Minor Trendline Support has been broken (BREXIT)
DAILY: Major Bullish Chanell has been broken (BREXIT), Minor Bearish Channel
CONCLUSION: Overall Short/Bearish
The pair could move to 1.12 before falling to 1.08 in its minor bearish channel = Minor Bullish & Major Bearish
MONTHLY: Bearish Channel, Bullish Major Trendline Support
WEEKLY: Bearish Channel, Bullish Minor Trendline Support has been broken (BREXIT)
DAILY: Major Bullish Chanell has been broken (BREXIT), Minor Bearish Channel
CONCLUSION: Overall Short/Bearish
Note
I'm waiting for Shorts around 1.12 - 1.11
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