Whos having a few beers this weekend then? we defiantly are after smashing the markets again.
So for EUR USD we are looking for a 4th touch of our trend line and possibly the break, we will be sitting patiently ( beer in hand ) waiting for this trade to play out as this could be a killer setup for a few hundred pips!
Strong bearish downtrend respecting the trend line and coming back down would have to see consolidation at a level break above and retest for a change of momentum/direction