Same support trendline holding the EURO
Hi Folks:
Euro has been held several times at the same support trendline.
We are trading below most of the EMA's and therefore we are still on bear's hands.
I am not recommending nor opening myself any position at the moment until we clear the air a bit more. At this point anything could happen but it is mostly bearish at the moment, so expecting a break out at some point to 0.82795 area.
Cheers
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Euro has been held several times at the same support trendline.
We are trading below most of the EMA's and therefore we are still on bear's hands.
I am not recommending nor opening myself any position at the moment until we clear the air a bit more. At this point anything could happen but it is mostly bearish at the moment, so expecting a break out at some point to 0.82795 area.
Cheers
-------------------------------------------------
Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.
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