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Possible Short position for EURUSD : Holding until next week
EURUSD
, 1D
Short
EURUSD: Possible Short position for EURUSD : Holding until next week
Updated 

Possible short position. Price has remained under the 200 EMA for several days and a few weeks, thus indicating another short bias. As you can see there is a clear trend line channel that has occurred and I will be following this channel and hopefully the price respects the channel also, there is a high probability that it will as there is no high impact news big...

Possible Move for EURUSD
EURUSD
, 240
EURUSD: Possible Move for EURUSD
Updated 

Looking at a short term Sell towards the 1.12883 area and then a possible LONG position. Waiting to see if the price breaks the support level and I will enter the trade. Trend has also stayed below the 200 EMA indicating a Short bias, could lead to a possible break of the support.

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