Watch closely above 1.2060-2040 support area

Zaktualizowano
If EU can hold this area for today, it's more likely to reverse and back to an uptrend.
No opening position yet...
Uwaga
Firmly pressure around 1.2095, down again... now watching 1.2060's support.
Uwaga
2040 has been broken, the downtrend is not ending.
Uwaga
European session has brought a strong bounce-back; if economic data this afternoon brings another up wave, then the up trend would be back.
Uwaga
As the pattern is still downwards, I would not open a long position yet. Downwards next target 1.2005
Uwaga
1.2005 has been reached.
Trend Analysiswatching

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