EURUSD - Short Bounce to retest Long

Euro Fx/U.S. DollarFXCM

Description

⋅ May 19, 2014 6:45 AM

For the moment I believe that this bounce will continue towards 1.3800, especially if 1.3730 will fall.

Comments

PatStale

⋅ May 19, 2014 9:54 AM

Agreed.... unless major macro indications, a small pullback is likely...

LevRidge

⋅ May 19, 2014 9:51 AM

dont you think your trend line coming from the 2013 low is lower than it should be?

Razvan

⋅ May 19, 2014 10:27 AM

Sorry for that, on my chart it is drawn right on the lows, it might have slipped while published. Thank you for bringing it up :)

lgiulian

⋅ May 19, 2014 7:51 AM

Agree with this direction. Waiting to see how is reacting at 1.3800

katilon

⋅ May 19, 2014 7:13 AM

3845 looks better

Razvan

⋅ May 19, 2014 7:14 AM

You might be right, it could be an area, rather than a single level

LevRidge

⋅ May 19, 2014 10:30 AM

np, just thought maybe there was a reason for it that I wasnt seeng, thanks!

katilon

⋅ May 19, 2014 7:12 AM

questionable direction.

ZoltanCsaszar

⋅ May 19, 2014 6:56 AM

Agree.

Razvan

⋅ May 19, 2014 7:12 AM

Thank you :)