EURUSD Price Action 29/08/14

FX:EURUSD   Euro / U.S. Dollar
211 0 2
This pair is currently in a downtrend as can be seen on the right side of the chart. The Gap that is shown in the chart was formed when the bar significantly opened below the low of the previous bar. This indicates that the market really want to go lower and the nearest previous support which turned to resistance is the 1.3230 level. Current price is going back up to this level and there might be a reversal near 1.3230 which in turn will continue the down movement. This could be a good opportunity to go short and trade with the trend.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out