How
long this positive move is going to last? Previously it looked like
(gray box) at 1.3800 price level a possible reverse might happen but
it was continued by the sharply move up. Now we have similar
situation, prices calmed down and looks that they are getting ready
to go down for the reverse and reach ex-resistance line 1.3663. If
prices are going to reach 1.4100 we hardly can expect of touching the
ex-resistance line 1.3663. For now it's better to wait and let the
candles to draw better view for us. In overall long term trend is
still positive but buying should not be done with closed eyes.
| EURUSD | Trend | Support | Resistance |
| Long Term | Positive | 1.3663 | 1.4100 |
