As predicted we came down from ECB news down to 1.108-1.1100, down to the key . EURUSD is now rejecting this + 200 + 50% Fib. Swing traders should look for tomorrow's news FOMC for a break past the 61.% Fibo and a break of the downtrend line shown. NEEDS TO BE CONFIRMED FOR LONGS!!!!
Comment: Looks like i was spot on with my analysis :)