EURUSD at trend line resistance

FX:EURUSD   Euro / U.S. Dollar
While the euro             has fallen a bit against the yen and the pound today, the dollar's weakness has limited the downside risk in EURUSD             . If the dollar ends up rebounding following May's US retail sales data on Thursday, we may very well see the euro             fall back to $1.12 or even below given the long term trend line that's currently being tested (it comes in at around $1.137$). This is something that we should all be following tomorrow. If the dollar continues to fall, however, don't expect EURUSD             to provide a new short opportunity as the trend line resistance would probably break. $1.15 would likely be reached once $1.14 gave way.

I'll be updating this idea tomorrow based on how the market moves following the US retail sales data.
Prices are now above the trend line. Not sure yet if this is a bullish technical signal as $1.1450/1.15 is a big resistance level.
Bonjour Mr Adrian. je suis tres heureux de te voir ici. J ai appris bcp de vous et vos amis les analystes de dailyfx et grace a Dieu et a vous que j ai resiste encours aux marche de change merci bcp. Voila j ai l honneur de vous suivre.
EURUSD fell back to $1.12 following the retail sales data. We'll need to see the dollar rally even more with the University of Michigan Consumer Sentiment reading tomorrow to see a break below the $1.119 support. This would likely lead to a fall back down to $1.105.
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