Price beats lower tredline ad to come down to the next demand zone
Price basically on a down trend and the fibonacci retracemet showed that price has retraced to the 0.618 level and showed continuous downward movement...i am definitely going short on this pair...lol
price respected the lower trendline twice...a potential buy here till the top of the line or half way
The bottom trend line as a support was obeyed by the price movement. a buy movement is expected till the top trend line with about 2 or 3 pull backs for reentry
Price currently at an high activity zone. If it beats the upper trend line tendencies of going higher his a go. Long position to be considered at that zone. Fib levels from the swing also show a retracement to the .382 level signifying a strong buy momentum for the dollar against the swiss franc
EURUSD price approaching high activity area which has been a strong support level in the past. Fib level retracement for the price movement may occur at the .382 level before long