ForexThief

EURUSD is deciding wheter bulls or bears will take over

OANDA:EURUSD   Euro / U.S. Dollar
EURUSD is now struggling whether its gonna go up or down.
Explanation:
EURUSD touched resistance trendline for a third time and declined it, so we can see one opportunity
for sell or we have a bullish bias, when it comes back down little bit and then break+retest the trendline
and make some major correction to 1.14200.

Daily and Weekly candles shows us that bears are more in charge and EU from longterm point of view
EURUSD is still in kind of consolidation.


Let's wait for price action and whats gonna be result. I will update this idea soon.
Don't forget to trade carefuly guys. Good luck to everyone
Jan 23
Comment: Update of possibilities on EU
Jan 23
Comment: Boom
Jan 23
Comment: We are retesting previous resistance, that means that we could head up to 1.14000 area
Jan 24
Trade closed: stop reached: Im out of EU right now. Very choppy market
Jan 27
Trade closed: target reached
impressive
Reply
1.130 at the very least.
+1 Reply
Im 80% bearish on EU now. Dxy is still bit bullish
+2 Reply
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