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Short-term Trading Idea FX EUR/USD – Bear Speculation: Development on Ideas from 26/10/15

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 2, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Trading opportunities for currency pair: the euro/dollar’s candle has been closing with a long upward shade for six weeks in a row. The eurobulls aren’t able to strengthen above 1.15. The interim 1.0838 target is still there, with the support zone at 1.0807-1.0818 (27th May and 20th July minimums). A scenario where we’ll see growth will become frozen out for a while if the daily candle closes above 1.1210. Background: The last EUR/USD idea I made came out on 26th October. When I published the

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