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11021992
Feb 21, 2018 2:00 PM

EURUSD: Daily trendline reached Long

Euro Fx/U.S. DollarFXCM

Description

Hey traders,

The EURUSD has touched one of the two daily trendlines. Both trendlines are roughly the same, but one of them is connected to the bottom of the wick and the other one to the bottom of the body.
Could possibly see some bullish moves to 1.23700 - 1.24000 area.

Comment

Bearish scenario seems more likely now.
Comments
Maarten756
How about now? Remain long? Or take a short?
11021992
@Maarten756, The second trendline is holding for now, but let's wait for confirmation first as it seems likely to break.
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