LADEEc57

Possible Support Line Retest & Rebound

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD With a break below the upward trend line resistance set from 11-17-15 to 11-20-15 hinting that a retest of support line of 1.0632 is possible. Looking for algorithmic buying to kick in at that level and a recovery resumption back towards 1.0709.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.