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Monday, February 29, 2016

2016 03 01. EUR/USD overview


EUR/ USD currecy pair still have a potencial for short positions. It may be biggest demand level at 1.08250 level. Weekly trend is downtrend so i presume price has a very clear path down. 

Therefore it may be pullback after price will touch support level because previuosly price has crossed the blue bottom line of flat trend. Lower flat trend line became resistance level. I believe this level is the common supply for a few days.


Information in this article is not a signal or recommendation for trading decisions, this is only idea.

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