EUR/USD
really did form a double bottom at the daily filter chart after all. Not only
that, but it formed a marubozu candlestick as well. 1.2350 is proving to be a
pretty strong support level. Considering all this it looks like the pair is
headed at least for 1.2570, maybe even 1.2600. I wonder, however, whether this
really is not the beginning of a more long-term correction. So far the bearish
trend seemed ready to continue, but as I mentioned above, the support around the
1.2350 level is proving to be quite strong.
yes you are right, thank you.
ReplyDeletenice bounce to the upside, but it has not broken the neckline yet.
ReplyDeleteWell spotted, you are right.
ReplyDeleteWell spotted! I'll keep it in mind.
ReplyDeleteGood and clear movement!
ReplyDelete