Disliked{quote} Here is my analysis and a bit of a different interpretation. I trade from the M30 and H4 charts. I'm not going to pull up my actual trading charts with all the indicators since they will confuse many people.. But here is the interesting setup based on trend lines. I'm not denying that the price could fall even lower. What they are showing me is that the speed of falling rate has slowed down and we have arrived at a decision points. Based on numbers, we have arrived at a major price zone where price generally gets stuck at. So when at a place...Ignored
its bearish.. its being held up on the last layer of the pin, if it was going to go higher I would have expected euro to move at 86 or 39.. usd is at its spot at 88 though but I expect higher.... but in the short term I expect a small short down too 1.3486 invalidating the pin....