eurusd downtrend continuation

FX:EURUSD   Euro / U.S. Dollar
76 1 1
trending down
near the top of the channel, so limited risk
price crossed ma's
MACD movement swinging down

Im starting to become bullish on this pair because we are hitting yearly lows and it should bring in some new buyers and the shorts taking profit. we have yet to have a decent retracement as of yet. however, i dont see much in the price action to justify going long.

more order amongst chaos for the chart!

in attempt to divine the market's next move, ive projected areas of resistance/support.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
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