FX:EURUSD   Euro Fx/U.S. Dollar
This is my chart for the week.

As you can see price has now been capped by the FIB 0.61 Retracement zone and has broken my downward trend line .

Price is now sitting at the yellow barrier highlighted in which i can see two scenarios. For me to go long i will need a clean break and close above the barrier on the daily TF and for a short trade to be warranted i will need a clear break and close below my C.T.L on the 4hr TF preferably.

My overall bias on this is a long but you never know regardless i have provide you with both scenarios but i believe its a buy to occur.

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olayinka
EURUSD
olayinka PRO about EURUSD 2 years ago
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