TradingView
AlexxChan
Jan 15, 2016 5:32 AM

EURUSD CURRENTLY IN A WEDGE Short

Euro Fx/U.S. DollarFXCM

Description

A clear wedge formation could be seen forming on EURUSD. As prices fail to make higher highs, prices are currently moving lower. I suspect that the pair will break below 1.0813 support to make lower lows in the near future. However, it also does have opportunity to go higher as well, so be cautious.

Please leave a comment and feedback on my ideas and be sure to follow. Happy trading!
Comments
shilox
Noted!
More