Razvan

EURUSD - Weekly consolidation

FX:EURUSD   Euro / U.S. Dollar
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EURUSD consolidated itself right under the trend line , on the weekly chart. For the moment there is no clear signal for the next move. Looking at the price action, we should wait for a break over the main trend's trend line , or under the correction's trendline. For faster signals we could look over the RSI or the ROC .
The chart might give even more details than what i wrote. Do you have any suggestions?

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first target was hit....lets see now if it can go even lower!
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price dropped under the lower line, let's see the close of the day
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Range Play for now.. 2850s - 3100s
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Razvan madeenkalia
yep....well said
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