Mennzz

March 23, 2015 | EURUSD | Bears Still In Style Until...

Short
FX:EURUSD   Euro / U.S. Dollar
1
The hyper-bullish candlestick last Wednesday was most definitely a hint of future things to come. But for now, the bearish trend should still be in play for at least one last "fair-well" leg down till the heavy support level of 1.012 is hit --right in line for the swath of thirsty bulls coming just in time for an upper (long-term) retracement set for the summer months. Stay alert and trade careful. But have fun! :D

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.