Razvan

EURUSD - Weekly consolidation

FX:EURUSD   Euro Fx/U.S. Dollar
864 4 0
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?
madeenkalia
4 years ago
Range Play for now.. 2850s - 3100s
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Razvan madeenkalia
4 years ago
yep....well said
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Razvan
4 years ago
price dropped under the lower line, let's see the close of the day
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Razvan
4 years ago
first target was hit....lets see now if it can go even lower!
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