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orvilleawright
Nov 9, 2015 11:11 AM

BEARISH EURUSD DAILY: Price at down channel lows Long

EURO / U.S. DOLLARICE

Description

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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