EURUSD Projections, Linear Regression with Pitchfork

FX:EURUSD   Euro / U.S. Dollar
Seems the general trend that EURUSD             has been following is a negative linear trend. We've been expecting this bearish movement for some time now, but the bars are finally starting to come into place.

After the recent MoM (US) news announcement, we saw a quick jump to 1.1085.

What does everyone think about the pair and staying in this zone? It seems any movement at this point it to one of the two points, at which point a definite long/short decision could be made.

We have decided to go short from 1.1080, SL at 1.11150. There seems to have been a slight resistance level around this zone (1.1115) during July 1 - July 3.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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
AR العربية
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