A long period of consolidation, rumors and hopes, it might go down to 8 or 7 before buyers become involve. After a retracement, this could be a good opportunity to short it.
After a double top and now a break of resistance with a retracement, this pair might be going down to retest the lows with the continuation of the down trend.
-Interesting break down. The Euro looks like it cached up with the natural downtrend. -The Swiss government is focusing on helping areas affected by a strong Swiss franc without any plans of interventions by the SNB for now until the Euro stabilizes.
Strong support at the 50 MA during a market move down. Has been consolidating, making higher lows and holding the 200 MA PT: 9 SL :7.5
Strong buying today at support on a quiet day.
Hi, can somebody explain me how a gab this large can happen thanks!
Is it going down again like the last 4 times? :)
I am new to trading so if you have any comments that would help :)
-Failed to break above 50 multiple times -Stronger US dollar