EURUSD Technical Analysis: Does the Lower Top Signal a Downtrend?

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Wednesday December 23, 2015 - 11:44:02 GMT
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EURUSD Technical Analysis: Does the Lower Top Signal a Downtrend?
With the EURUSD rebound failing to reach 1.10 yesterday (high 1.0984) the question is whether this lower top is a setup for a downtrend. While the time of year makes it difficult to suggest a call, there is a setup and I show in this video what would be needed to confirm a downtrend. This is not a forex signal or a currency forecast but rather an objective view of what a EURUSD chart is showing

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Wednesday December 23, 2015 - 11:44:02 GMT Global-View.com - www.global-view.com