EUR/USD & GBP/USD Break Trend Lines In Bearish Channel

Discussion in 'Technical Analysis' started by Kaitlin, Dec 4, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The EUR/USD respected the resistance trend line (orange) and made a bearish zigzag (orange). Price was unable to break below the support trend line (green) and made a similar bullish bounce back to resistance. Price has been relatively choppy the last 2 weeks but a break of the resistance could[​IMG]

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