Sakiat

EURUSD TOP BOTTOM

FX:EURUSD   Euro / U.S. Dollar
As per as our view we can see a range on EurUsd for a long term and it has made a box like topper bottom and many time it has tried to test topper and also bottom. Both side it has been failed to break and finally it is ranging in the box.We can see that it has refuses from the topper side for 6 times and from bottom side it has been refuses for 6 times interesting is that this pair is testing both side equally and both side are looking strong.No one are going to give chances not only a little bit.Topper are pushing down and bottom are pushing up and every-time we can see new topper and bottom.

If we focus on the funda then we can then we can hope more downward .

Reason : The European Central Bank couldn't able to push up there currency.

So let's see what will gonna happen hope this time will be able to break the bottom and will see more downwards as expected 1.1000

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