Decision point -this will be a good sell. Lets see the reversal point
EARAUD decision point -continues or retracement before continues
Gold having reach the resistance in the ascending channel has now become Bearish
Descending triangle results in the pair being bearish possibly to 1.5
Price having reached the support in the ascending channel has resulted in the EURUSD continuing in its BULLISH path
Short term (1 hour) indicate a buy as prices emerge from the clouds and head towards the targets. Also confirmed by Stoch.
Based on support fro as far back as 2003 EURUSD is Bullish up to at least 1.1 and thereafter
The trend line indicates a breakout a retouch and hence implies a sell. The Cloud also implies a SELL as well since it initially got thicker and has now changed color indicating a SELL
