Razvan
Short

EURUSD - Broadening Rising Wedge

FX:EURUSD   Euro / U.S. Dollar
629 2 7
The price just broke a Broadening Wedge . If we take into consideration what the theory is telling us, after a close (on a 60 min. chart) under the lower line we should expect a 0.38% drop all the way to the 1.3545 support are.
do you think it wont go further down or the time is right for a up move now?
Reply
I agree with this since it is the direction of the daily trend.
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