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Monday, May 23, 2016

2016 05 24. EUR/USD overview


One of the most important trendline has stopped and left EURUSD in a flat. I recommend to wait until price action shows a new reversal direction or will continue downtrend.


These days US dollar index  show strong uptrend so presume thart EURUSD may can continue the journey down.



NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.



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