Mennzz
Long

September 22, 2014 | EURUSD | Bullish Retracement At Last?

FX:EURUSD   Euro Fx/U.S. Dollar
308 0 2
The past few months have been dire for the bulls without much of a comeback. A decent retracement should be expected sooner or later -- I think sooner, as heavy divergence has been developing on many different time frames, almost foreshadowing a future bullish move. I'd be on the lookout, although in my opinion, we could see 1 or 2 fake-outs. :D

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