When publishing last EURUSD post I didn't saw that the support line broken is from 2001! On monthly chart we also had tripple bottom and then long EUR run.
This time if EUR doesn't pull back above the support line the drop could be significant.
This is just an IDEA do not trade based on it!!! Trade based on your trading plan only. I'm not in this trade but if the brake is confirmed I might open short with SL at support line
This time if EUR doesn't pull back above the support line the drop could be significant.
This is just an IDEA do not trade based on it!!! Trade based on your trading plan only. I'm not in this trade but if the brake is confirmed I might open short with SL at support line
Comment:
once support now resistance. If broken I will go long.