EUR/USD, no recovery!

mario urlic eur-usd 03.11.

Strong technical resistances hold the pair on the way to recovery and the pair is returned to the downside again. 1.0890/900 is the target for the bears now, 1.0800/50 the next one. There is minnor support here at 1.0960/70, this could hold for a while. After each attempt to go higher, the sellers would take over and return the pair down, exacly on this trendline, in wich I was pointed in my previous analysis. Let’s see how serious the sellers are, the November begins bearish for the pair. Nothing new for the euro.

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