The Euro hit the Upper Trendline of a very significant Bearish Channel, thus confirming its Bearish trend for this week.
But what about the 1.3435 Support level? It´s quite hard to say now if the Bears will take full control of if the Bulls will step in with force at 1.3435 support level.
The 1-Hour chart shows a nice short-term bullish channel. If prices break it down, the bears will be in control. If prices break up the resistance levels 1.3537 / 1.3600, then the bulls will be in full control next week.
So watch out for all of these levels / entry points.
But what about the 1.3435 Support level? It´s quite hard to say now if the Bears will take full control of if the Bulls will step in with force at 1.3435 support level.
The 1-Hour chart shows a nice short-term bullish channel. If prices break it down, the bears will be in control. If prices break up the resistance levels 1.3537 / 1.3600, then the bulls will be in full control next week.
So watch out for all of these levels / entry points.
