Trader_97
Short

EURUSD TRADING RANGE CONTINUES TO SQUEEZE

FX_IDC:EURUSD   EURO / US DOLLAR
48 0 2
ACCORDING TO H1 TIMEFRAME EURO             SEEMS TO HAVE FOUND A NEAR TERM SUPPORT THAT ITS HOLDING ON TO AROUND 1.0628 AREA.STOCHASTICS MOVING WELL BELOW THE 20 MARK.IF THE PAIR CONTINUES TO RESPECT THE CHANNEL ITS TRADING INSIDE.HERE'S HOW WE MAY CONTINUE TO MOVE. EURO             MAY FIND SHORT TERM RESISTANCE AROUND THE 1.0660-74 AREA. SUPPORT LIES AT 1.0628.BELOW THAT WE HAVE SOME SUPPORT AT 1.0604-1.0594 AREA.LOOK TO SELL ON HIGHS .PRICES STILL WELL BELOW THE 100 DAY SMA AND 50 DAY EMA
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