EURUSD is in downtrend from 1.3700

[mohmed-tarek]

EURUSD is in downtrend from 1.3700, the rise from 1.2859 is likely consolidation of the downtrend. Resistance is located at the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 1.2300 area. Only a clear break above the trend line resistance could signal completion of the downtrend.

 

[garena]

Actually the current price is too far from 1.2300, but I just made a sell to 12500. Hope your TA right.

 

[JimFXtrader]

The pair not search corrective rally bullish yet

 

[Ashley Rajo]

EUR/USD will go down

EURUSD is in downtrend from 1.3700, the rise from 1.2859 is likely consolidation of the downtrend. Resistance is located at the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 1.2300 area. Only a clear break above the trend line resistance could signal completion of the downtrend.

EUR/USD now in 1.2780 and will continue to down to the support line at 1.2750, If the weekly candle close down this support line , the pair will continue to 1.2580 or around this price .
Ashley Rajo

 

[JimFXtrader]

EURUSD, probably target bearish 1.2458

 

[garena]

EUR/USD now in 1.2780 and will continue to down to the support line at 1.2750, If the weekly candle close down this support line , the pair will continue to 1.2580 or around this price .
Ashley Rajo

I think it would move down below 1.2500.