During the previous tradjng day, Euro continued to the lower and even gave a sell continuation candle. As it is right now, on this chart, I expecct sellers to take full control expecting a massive bearish rally towards 1.14113 and may continue much lower. On the otherside, unles the price break and close beyond 1.18350, we are looking for sell position. And in case the price breaks above this line, then we will be looking at the posibility that the price may continue much higher.
Trade Recommendations:
We're sellers towards 1.14
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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Bob Stan
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