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hpter

EURUSD Short set up for next week

Short
Euro / U.S. Dollar (FX:EURUSD)  
hpter  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis
5
0
trendanalysis
EURUSD recovered the losses from last few days. It appears that the bulls manage to break out of the short term down trend (Red channel).

Blue line represent a strong support line for the past week which is turned into a hard resistance for the EURUSD bulls to breakthrough. I foresee a short term retracement for next week.

GOOD LUCK!
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