asharifan

Short time uptrend line had been broken and now it is retesting

OANDA:EURUSD   Euro / Dolar A.S.
EURUSD is top of its ema 200 and ema200 is pointing up. So in long time we are in uptrend . But in short time we have a downtrend line that had been broken and now that is retesting . We need to see the price action in this retesting try.
Even if it comes down, we have a very strong support in 1.17465 zone. I think we can have a retracment from current level at least to 1.16100.

Penafian

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