Jnwsk
Short

EURUSD ANALYSIS WEEK OF JULY 31, 2016

FX:EURUSD   Euro Fx/U.S. Dollar
4 months ago
Weekly:
Price is currently at weekly resistance 1.12000. Nonetheless it is currently in a down trend making LL and LH.

Daily:
Price is in a nice channel. It is on its weay to touchdown on the bottom of the channel before its potential continuation up.

4 Hour:
Price completed a head and shoulders formation with break through the neck. It is retesting the neck at 1.11500 - 1.12500 for its continuation down to next level support at 1.07500 - 1.08000

Wishing everyone a wonderful trading week!
4 months ago
Comment:
snapshot
4 months ago
Comment: More up movement?

snapshot
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