EURUSD

If somebody thinks that where Eurusd turned down is just a coincidence, then i recommend her re-evaluation.

Upper red line is the peak connecting line. It was drawn on the base of former two peaks and the extention of this line was just slightly disturbed in the last peak. And then turned back under the line again.

Where it exactly turned back is basicly the uppe blue line, which is the extention of the rising bottoms line. The price faced with a great resistance and could not jumped above this line.

In the current situation, the green horizontal line is important. Above this line the red and blue upper lines could be tested again. Under the green line down blue would be the first target, then ema 200 would be tested as the third time over the past 9 months.

We will keep this  updated. Best for all forex players

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