germanbel
Short

EURUSD: Downtrend Continuation?

FX:EURUSD   Euro Fx/U.S. Dollar
51 0 1
Regarding the related idea (uptrend in a downtrend) the price reached resistance 1,1470 as mentioned to then continue the way down. We see that the resistance was touched twice and rebounded down. We may see a third touch. Anyway the price will continue south till 1,1170 unless 1,1560 is broken. This will change the scenario of the price going north till 1,1720.
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