The price action on Monday tells me, at first look, that the EURUSD should do a retracement for the next few days and then resume its run to the down side. I can not say exactly where the price will stop and then get back on track but the daily / weakly trend line seems to be far away and lets the possibility of a bigger retracement to the up side. The price often...
EURUSD EURUSD broke my daily trend line this monday. The EURUSD has just started a retracement and we could see a bounce on the previous trend line. I am currently watching an entry to short the euro, but we could wait until tomorrow before a first signal to the down side. Beware later this week could be more volatile because of the news (ECB Press conference)
FX:EURUSD If the euro fails to make a higher high on the daily chart: Tp 1 : 1.16180 Tp 2 : 1.15390 www.tradingview.com
FX:EURUSD www.tradingview.com FX:EURUSD www.tradingview.com FX:EURUSD www.tradingview.com