Browse Symbol Stacks: EURUSD: EURUSD_Daily_Sept142015.jpg

EURUSD_Daily_Sept142015.jpg

Once again, the EUR/USD finds price action testing the downtrend line (purple) off the Draghi spike and reversal from May 2014. 

The last time saw a brief break above, before reversing back beneath a few days later. 

The red dashed lines represent the bear wedge breakdown on the monthly chart. We are still well beneath it.

Comments

moneymiser21moneymiser21
In contrast, the /dx uptrend line off the same day of the Draghi spike & reversal, rests MUCH lower, current in the area of 86.48. 9/14/15