FXHighway
Long

EURUSD shows more maneuvering

FX:EURUSD   Euro / U.S. Dollar
299 4 2
EURUSD             falls under the strength of the EMA50 resistance barrier, trying to break the channel's support line again.

Overall, the bullish overview will remain valid unless breaking below 1.3760 and settling below it
Allow me to disagree , i think the euro already topped and could fall lot more.
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FXHighway Technician
All depends on 1.3760 for me ,, and a breach above 1.3835 might release this pair from the negative pressure and lead to reach my targets ....
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don't know man.. start looking very bearish to me. Look it struggles under the channel and RSI is overbought
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Yes , I agree with you about the struggling point, but the bearish actions still cannot get a ceiling below the broken support lines.. That's why for me I would wait a confirmed break to turn bearish on Euro ... and still on the intraday basis ,, not an overall turn to the downside
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