EURUSD - dump isn't over yet.

OANDA:EURUSD   Euro / U.S. Dollar
EURO started moving in a nice upward channel starting 2nd April. 1st sign of exhaustion can be seen on 12th April, followed by the one on 17th. Finally, we've seen a big dump on 18th which broke upward channel to the downside with a massive 75-80 pips movement.

The pair is currently trading near 1.1245 range and the nearest level of support can be seen at 1.118-1.119x
It would be interesting to see how that support holds. Overall, trend is currently looking bearish on all timeframes.

Apr 23
Trade closed: target reached: It touched support line shown at 1.119xx and retraced back to 1.122x

It might retest support and even breaks it, but I'm out with a profit.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out