Eur/Usd Testing Trendline

The Eur/Usd is currently testing the downward trendline at the 1.3500 price area. If this area breaks we could see a target and support area of 1.3425/1.3400 area. If the price bounces off of the trend line to the upside we could see the price go to the 1.3600/13650 area. There is going to be some important housing data being released today that may help determine which way this trend is going to continue.

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  • Letsunforex

    Thanks for good info