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Is EUR unable to recover against USD?

Ok, let's get serious. Euro is unable to recover against USD and every day have a new low. Can't get true the down trendline, and probably we will have a new low (6) here!? Maybe, that will be the turning point? New low and strog recovering toward 1.3220/30!? At the moment I am writing this Eur/Usd is at the 1.3166 and low of the day was 1.3158! Daily MA100 and 200 will probably hold at 1.3146/49 if the pair go lower!?
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Furian avatar
Furian 4 Set

eur is in front of collapse

Haynes6EU avatar

Let's wait :)

ivanbgd avatar
ivanbgd 5 Set

yes

Jessa avatar
Jessa 9 Set

i like black background charts coz evertyhing is looks alive and visible.

seediee avatar
seediee 9 Set

tnx! :)

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Specific situation on EURUSD

Today EURUSD is in specific situation. As we already know Head and Shoulders is a reversal pattern and is spotted in uptrend. The higher the TF is the stronger the pattern is. This is a specific situation. What you think?EURUSD indeed has been good for shorting last 2 days at the top of the right shoulder and the price went to 3324. The problem lies that that is not the true strength of the pattern as NECKLINE needs to be broken prior to heavy selling, not the shoulder itself. Now there is a min…
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Furian 20 Ago

just relax.. all up moves are simple sl hunting... massive drop in this pair expected as speculation regarding tapering increase starting from september

seediee avatar
seediee 20 Ago

Tnx people Only thing you missed is taking some profit here! :) EUR/USD reaches 6-month highs ahead of FOMC. The Euro finally did it and the EUR/USD broke above the 1.3400 area and reached its highest level since February at 1.3450. Great rally happened today! :)

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ivanbgd 21 Ago

breaks down in :-)

Panzer avatar
Panzer 22 Ago

Like for this analisis..))

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seediee 26 Ago

thank you! :)))

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