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chriswbailey

EURUSD - Retracement, continuation of down trend.

Euro / U.S. Dollar (FX:EURUSD)  
chriswbailey  
FX:EURUSD   Euro / U.S. Dollar
USD (US Dollar) retracement pause fib
1
0
usd-us-dollar retracement pause fib
Price moving in the channel drawn on the chart.

Price is respecting the bottom trend line, we could see a 50/61.8 retracement to the top of a channel, followed by a continuation of the down trend.

Neutral, for now.
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