Stargazer_fx

EURUSD started correction from channel, 140 pips fall expected

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FX:EURUSD   Euro / U.S. Dollar
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EURUSD
The price has been moving in an ascending channel and now price is showing rejection from the upper trendline of the asc. channel , I expect price will make a correction towards 1.20000 level(support structure)..




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Comments

good local TA

watch my global vision
+1 Reply
Stargazer_fx Yuriy_Bishko
@Yuriy_Bishko, great analysis as always mate, thanks for sharing
Reply
You think lighter support around 1.20400 won't hold?
Reply
Stargazer_fx mitech616
@mitech616, price need a strong liquidity area to grow, I think price should correct towards 1.20000 area
Reply
mitech616 Stargazer_fx
@Stargazer_fx, I agree. Was wondering your rationale.
Reply
Beautiful Chart bro! Thanks
Reply
Stargazer_fx KlejdiCuni
@KlejdiCuni, thanks mate
Reply
Lets see if the drop will be completed ... thanks for sharing.
Reply
Stargazer_fx forexboat
@forexboat, thanks
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