(D) EUR/USD - Long: Trend Support
- Has been on a strong uptrend since April. Uptrend support line shown on the chart was tested on the 21st, 23rd July and mostly recently 14th September at 1.18406; however did not brake.
- EMA 5, 15 and 60 all indicating uptrend.
- Using the uptrend line as support with backing from the Fibonnaci Retracement Support level...
(D) EUR/GBP Short w/c 11th September.
Good equal distant channel formed in a downward trend.
Test prices and prices may rise during the channel, but overall predicting a downward trend.
Moving Averages Indicators (5 - black) has crossed over (15 - blue) to support a downward trend for this week.
Enter: around 0.91120