Weekly chart of the EUR/USD:
- price has reversed at the approach of the down trendline that joins the previous highs of July 2008, November 2009 and October 2010
- I am now becoming bearish on this currency pair and expect a return to 1.20
- If EUR/USD goes above the trendline and stays there for more than a week, I would change my mind
No comments:
Post a Comment