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Technician
Nov 4, 2013 7:23 AM

EURUSD Bounce Time Long

Euro Fx/U.S. DollarFXCM

Description

Update: closed at break-even.

The sell-off may have gone too far too fast, I am looking for a bounce here as price tests key support area. The main rising trend line for the whole bullish trend, the 50-days SMA and a horizontal support.
Comments
Technician
Closed at breakeven
nayach.alniswan
I hope it's the right Direction
dojitrader
I guess patients is a virtue BUT REALLY, every other time this year is seems like the Euro would come charging back ! Wish I had been trading when the hammer formed !!!!
Ryan_Tyler
Major level to look for a possible reversal. Already on the move
Shadowbrokerltd
Good analysis, hope to see this pattern this week...:o)
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