Ultra strong down trend line on the weekly chart. EURUSD may have a difficult time to break above this trend line.
Comments
Skander
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I guess Ukrainian Problem will effect on EURUSD price and force it to go lower than .37, am i right ??
Forex_Positive
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EURUSD gap down -40pips on monday opening, and have recovered the gap. The main driver whether EURUSD follows the red trend line or the green trend line is thursday ECB press conference.
Forex_Positive
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Thursday ECB press conference could a volatile event. EURUSD could move 100 to 200pips in either direction.