orvilleawright
Long

BEARISH EURUSD DAILY: Price at down channel lows

FX_IDC:EURUSD   EURO / US DOLLAR
Nov 9 2015: BEARISH EURUSD             DAILY: Price at down channel lows
(Analysis Based on Daily charts )

Criteria
1. Long term up channel (now broken)
2. Short term down channel (downside overshoot)
3. RSI oversold
4. Expecting some upside correction

NOTE: Wait for price action to confirm the importance of these levels.

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