darrenkav25

EUR/USD - Waiting on reaction to Trend Line

OANDA:EURUSD   Euro / U.S. Dollar
EUR/USD - Neutral

Descending Trend line Double top in contention for a Triple top (Strong Resistance). RSI pointing towards the downside but irrelevant at this moment in time with all the noise from the FED Interest rate decision and future economic outlook (Fear in the market) will wait to see how the market reacts to this potential trend line if proves a strong resistance there is a healthy Risk Reward to the downside (3 : 1).

Resistance: 1.13250 (Trend Line)

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