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MehmetLok
Nov 10, 2017 8:55 AM

An update to my yesterday analysis 

Euro Fx/U.S. DollarFXCM

Description

I'm updating my analysis I prepared yesterday, I draw price channel a bit wrong. Same as yesterday: Maybe an obvious head and shoulders pattern will fail. I hope it won't but dollar seems weak. If the neckline has been broken, the price will go to declining up trend line and maybe it will break this line too. Declining trend line is meeting 0.618 retrenchment of last falling move.

Trade closed: target reached

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