EURUSD is at interesting point. We have daily trendline at 1.4787, price tested this line early today and bounced off. It is critical for price to break this trendline if it wants to move any lower. If we see a clear bounce from this trendline then we can look for long trades.
EURUSD Trading signal: Wait for price to close below the trendline to enter short trades.
Written by Jason Agate from FirePips.com – Forex Trading Signals