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DredDine

EUR/USD Is Moving Sideways!

Short
Euro / U.S. Dollar (FX:EURUSD)  
DredDine  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns sideways nfp falsebreakout spike
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trendanalysis chartpattern sideways nfp falsebreakout spike
• After failing to hit the 0.9900 lower low, the EUR/USD spiked higher. It has encountered resistance after climbing as high as 1.0018.

• False breakouts through the downtrend line could bring new short opportunities. The immediate downside barrier is 0.9900. After the US data dump, EUR/USD may experience abrupt movements in either direction.

• "Keep it Simple", Good Luck!
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