EUR/USD Is Preparing For A Big Drop

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The pair hit the long-term down-trend line that started to form since 2008 signalling a big sell-off is on the way.
The signal was confirmed by the divergence between the price action and the MACD indicator.
A strong support area is around 1.1600 price
Kommentar
1st target has been reached @ 1.2050
Trade geschlossen: Ziel wurde erreicht
2nd target has been reached @ 1.1600 .
That's a total of 750 pips for that trade.
Technical IndicatorsTrend Analysis

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