forexcanada

Technical Setup is still valid

Short
FX:EURUSD   Euro / U.S. Dollar
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I published this chart a few weeks ago and now price action is hovering around the daily chart trendline. I still believe this technical setup is still valid. We definitely need a daily close above 1.3015 area to invalidate this scenario.
I totally ignore any deal between Greece and the E.U. For what I understand from the EU conference earlier this afternoon, Greece has a lot of condition to meet before the EU can unfreeze any of the three bailout installment agreed. So far, Greece as yet to meet any previous conditions agreed with the E.U, from last year.
In resume, short...

Gaven Sirois
@forexcanada

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