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dylt88
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dylt88
EUR/USD
in
Pieredzējuši treideri
Feb 07, 2018 at 15:33
There has only been 2 bearish months out of the last 10 months which caused a 2000 pips appreciation. Now we can see that the price is pretty stuck with a falling trendline and probably a false breakout of 200EMA.Given the optimistic NFP data last Friday and things seemed to be moving towards another 3 rate hikes (or more) this year, dollar is weak enough for a good recovery while the Euro has recovered enough to tank some losses.There was a rising trend channel based on H4 chart, but has already been broken below and since then, price has dropped a good 130 pips.I believe that price has its p...
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