justatrader

EURUSD - Bulls V/s Bears

FX:EURUSD   Euro / U.S. Dollar
717 1 6
Seems like both the bulls and bears are fighting it out on EURUSD             . With key data due this week, will be interesting (at the very least from a TA point of view) to see how this will shape out. EURUSD             is no doubt in an uptrend on the daily chart . Below is weekly chart. EURUSD             is definitely looking down, but we aren't sure as yet if its the start of a downtrend or its just a correction. 1.3343 will be a key level to watch (refer to weekly below).
Weekly chart
snapshot
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