EURUSD is deciding wheter bulls or bears will take over
Updated
EURUSD is now struggling whether its gonna go up or down.
Explanation:
EURUSD touched resistance trendline for a third time and declined it, so we can see one opportunity
for sell or we have a bullish bias, when it comes back down little bit and then break+retest the trendline
and make some major correction to 1.14200.
Daily and Weekly candles shows us that bears are more in charge and EU from longterm point of view
EURUSD is still in kind of consolidation.
Let's wait for price action and whats gonna be result. I will update this idea soon.
Don't forget to trade carefuly guys. Good luck to everyone
Explanation:
EURUSD touched resistance trendline for a third time and declined it, so we can see one opportunity
for sell or we have a bullish bias, when it comes back down little bit and then break+retest the trendline
and make some major correction to 1.14200.
Daily and Weekly candles shows us that bears are more in charge and EU from longterm point of view
EURUSD is still in kind of consolidation.
Let's wait for price action and whats gonna be result. I will update this idea soon.
Don't forget to trade carefuly guys. Good luck to everyone
Comment
Update of possibilities on EUComment
BoomComment
We are retesting previous resistance, that means that we could head up to 1.14000 areaTrade closed: stop reached
Im out of EU right now. Very choppy marketTrade closed: target reached
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