If EU can hold this area for today, it's more likely to reverse and back to an uptrend.
No opening position yet...
No opening position yet...
Comment:
Firmly pressure around 1.2095, down again... now watching 1.2060's support.
Comment:
2040 has been broken, the downtrend is not ending.
Comment:
European session has brought a strong bounce-back; if economic data this afternoon brings another up wave, then the up trend would be back.
Comment:
As the pattern is still downwards, I would not open a long position yet. Downwards next target 1.2005
Comment:
1.2005 has been reached.
