On the Daily chart the EURUSD continues to chop sideways. This has been the case from the beginning of September 2016. Currently price appears to be supported by the 50 SMA and chops between the 1.11 to the 1.13 zone with 1.12 acting as support and resistance at times. Overall we are still in a bearish trend since we have not broken the down channel line.
I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.