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Feb 26, 2018 4:28 AM

EURUSD Short 26 FEB 2018 Short

Euro Fx/U.S. DollarFXCM

Description

We might be seeing a change of trend/consolidation period for EURUSD moving ahead. The price currently is resting on a trendline support and the recent two bearish PA on around 1.25X is not showing signs of bullishness yet.

Long term, it is still bullish but for now, trend might change to go into bearish/consolidation mode.

Comment

Trendline broken, next support 1.210X
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