EUR/USD, trend line hold again on the way up!

eur-usd fibo june 30.

That was quick, 1.1130/40 supported the pair and pushed up strongly to the previous resistance near 1.1220, after wich the trend line retuned the pair down to the 1.1170, support for now. I was pointed this two levels in my previous analysis. What next? The pair looking bearish and if the bears can attack 1.1130 again, it may be broken. It could become very interesting here again as the news crossing the wires again, I would not be bull now at EUR/USD, maybe the bears could strike back!? On the other side, if the bulls take over again, they must brake this trend line for furder gain to 1.1250/300!

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s