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Call Back Of The Support Line, Just A Bear Trap? (EURUSD)


I mentioned about a support line of the rising channel in this link: http://9bir.blogspot.com.tr/2014/04/eurusd-current-view.html

With the ECB announcements, price of EURUSD harshly pitched the support line, last week. But rising channel, if it can be called like this: Called the price back.

So, at the moment, it is trying to get in the rising channel again. If succeeded, the decrease of last week will remain just as a bear trap.




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