Olu
Short

EurUsd: 1.1500 Is Proving Solid Resistance

FX:EURUSD   Euro Fx/U.S. Dollar
279 5 15
Comments on the chart
Comment: Uptrend line is now being threatened. Go euro go.
Comment: Price broke below the uptrend line today. It is looking good for more downside
Comment: Price starting to get comfortable below the uptrend line. There is trouble ahead for the euro...
Comment: Retest of the breakdown line? Yes.
nice Olu i am agree
sell breakout still in play
Reply
Olu Wave-Trader
Thanks. Your chart shows the channel clearly. And we are art the top right now moving away from it. Well done
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ya did you see my updates Olu on this idea
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Olu Wave-Trader
yes I saw them. Hope they go our way
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Olu, would I be correct to say that your chart also indicates a Triangle Ascending between 2015-4-20 and 2015-10-5? If so this is a great chart to teach with. It also displays perfectly the $1.05 support level you pointed out, very easily seen.
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