This broke a prior support level. consider going short if you get confirmation that this trend will continue downward
GBPUSD going down?
I developed a trading strategy that the EURUSD looks like it will fall into place if it hits this trend line. Check it out Here: http://www.tradingstrategyguides.com/fibonacci-trend-line-strategy/
I developed a strategy called the Rabbit Trail Trading Strategy and This USDCHF trade is following it nicely. Hoping to reach my target of +50 pips!
USDJPY looks like it may reach these prior resistance points. We will keep monitoring
It broke the channel. Wait for a pull back to the upside and then enter this trade short.
If it breaks this line look for a long trade.