1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Only USDJPY Offers Momentum While Other Currency Pairs Remain Choppy

Discussion in 'Technical Analysis' started by Kaitlin, May 11, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    5,769
    Likes Received:
    0
    The EUR/USD is entrapped between support trend lines (green) and resistance (red). Price has reached a long-term support trend line (dark green), which is a bounce or break spot. A bullish breakout could indicate a completion of the ABC (blue), whereas a bearish breakout could indicate a continuation of the[​IMG]

    Continue reading...
     

Share This Page