I am still long the EURUSD. I will admit that we have a ton of resistance above us. The break through support seems easier, but the pair can't clear out support. Longer term down trending support is still holding and does not show any signs of failing.
If support fails I will close my position and reverse. Until then, I will continue to hold my long. News could be the deciding factor to clear out these price levels.
Happy trading.
If support fails I will close my position and reverse. Until then, I will continue to hold my long. News could be the deciding factor to clear out these price levels.
Happy trading.
