DonkeyToni

EURUSD broke the down trend line and up for consolidation

Long
FX:EURUSD   Euro / U.S. Dollar
4
Look like the final drop will not come to us. If you are in short position, it is time to find the exit. Getting out with small loss and does not need to wait for your SL to be triggered.

I do not see strong buy pressure yet, but the pair is likely to continue its upward slowly to 1.1065 and begin its consolidation phase. Do not rush and time your entry with risk in mind. Bearish candle can be good long signal as long as up trend line is intact.
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