After completion of a bullish gartley
pattern, and touched the upper trendline
, and EUR/USD
hit former support level
now acting as resistance 1.11900 to 1.11650, this trend line
has not been touched since since 17th of december 2015 and looks like it's being respected. 100 sma
is also in play and looks like a rejection of higher prices. If we can break the 1.1160 then next stop is probably going to be 1.07100.