DislikedI fully understand, but I am looking at it from the Weekly Chart, and as I said earlier, I may very well be wrong. We all have to go with our own analysis, and stick to it, up until we realise it is not working, or stay with it if it is working.
I am fully convinced that EU is in an uptrend, though. Whether, my thoughts that Price will go back up from around 1.4303, is right or not, has yet to be determined.
I will get back to you, late on Monday, with either a smile or a reddish face.
Good LuckIgnored
also we saw a nice high vol pin on that support level and end of session Friday , that could well support the long play to test top of channel 1.4440 , however we have to wait for Monday to see reaction to that.
still not sure where you get the uptrend from though ....as of dec 30 the the trend on the daily changed , if we break 1.4300 on a daily close then 1.4000 is the target.
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