DailyOptionTrader

EURUSD some upside potential in short term

FX:EURUSD   Euro / U.S. Dollar
70 3 1
It seems that EURUSD             could have some upside steam after breaking out of long lived consolidation pattern. As the mid-long term downtreand must be assumed, the pair could find some bid. Any close below the recent triangle would suggest further decline.
Played out like a charm!
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Played out nicely. More downside to come. Break of 1.260 would suggest more strength.
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EURUSD reversed into the recent flag. The upside could be limited.
Any break with the firm close below 1.24000 would suggest more decline.
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