Trading Talks about euro dollar
June, 21st
Europe news under the radar earlier this week. The euro dollar continues its downward momentum, which has currently covered 75% of the last hourly uptrend.
The weekly and daily trendlines are shown and are ascending, with the EMA200 far behind on the 4 hours and daily charts. The only support level that looks quite stable is 1.1700.
If there is a rise to resistance levels in the 1.1920 area, it will probably be a great chance to sell at a better price.
