greediwolf
Short

Bearish Butterfly forming.

FX:EURUSD   Euro / U.S. Dollar
69 1 0
long term down trend still not broken. QE from ECB is accelerating the downtrend movement. recent trend is showing a bearish butterfly . the downside could be looking at 1.02-1.05 range if the bearish butterfly completed. there is also chance that the EURUSD             rebound to 1.21-1.22 range and then resume the downtrend. over the long term. chances are the EURUSD             may see trading at near par at end of the 2016.
Thats my stance , very similar but not with technical reasons , somehow with the price and market condition ,
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out