Open trading account 
The main trend is down according to the daily swing chart. However, the closing price reversal bottom and subsequent follow-through rally may be indicating that momentum is getting ready to shift to the upside. EUR/USD in a range the last four days is a pair of Fibonacci levels at 1.0670 and 1.0651, and a pair of 50% levels at 1.0700 and 1.0715. Trader reaction to 1.0715 and 1.0651 will determine the longer term direction of the Forex pair.The new short-term range is 1.0906 to 1.0635. If the rea…
