guapmessiah

EURUSD Falling Wedge Trend

OANDA:EURUSD   Euro / U.S. Dollar
The past few days a falling wedge has formed indicating that DXY             is declining. After what was initially thought to be a double bottom rebound, it broke through that point and returned upwards, breaking that idea. Possible support line being retested at the time I am posting this. If support is broken continue trading the falling wedge , otherwise, SHORT!
Comment: It seems as the retest has taken place it is now time to short
Comment: Looks like it has reversed and is now supporting the previous trend.
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