EURUSD- Proper Break

FX:EURUSD   Euro / U.S. Dollar
The price of EURUSD             finally broke the upper line of the Descending Triangle . I am expecting a drop, confirming the ascending channel , but the general direction on medium term is still up.
Trade closed: target reached
Looks like a bearflag Ravzan..
+1 Reply
I would have done the same but I think that eurusd is going up for the momento.... where would you establish its ceiling in this move?
Razvan josemanuel
1450 looks to be a good support.
Razvan Razvan
resistance (sorry)
If it goes down to 1,1280, will you open a long?
Razvan josemanuel
most probably!
Agree with you view :)
a drop down where?
Razvan josemanuel
a good local support 1280
vovhick Razvan
How you consider to where the price can roll away?
+1 Reply
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