EURUSD Long term Overview
Updated
As you can see EURUSD following simple PA.
-The Bullish trendline Broke already price retested that trendline and then again started dropping.
-Then we had a channel that the market followed very well so now that channel is also Brokedown.
-Now Price is following a newly bearish trend line.
What we can expect now.
Price can retest to the box and continue towards. the red line, The redline is our target.
-The Bullish trendline Broke already price retested that trendline and then again started dropping.
-Then we had a channel that the market followed very well so now that channel is also Brokedown.
-Now Price is following a newly bearish trend line.
What we can expect now.
Price can retest to the box and continue towards. the red line, The redline is our target.
Note
Overall target is the red line but you can see how well respected was our chart on CPI.
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