Analysis of EUR/USD

Wait 5 sec.

Analysis of EUR/USDEUR/USDOANDA:EURUSDPouyanFaOn the daily timeframe, we can see a curved trendline that the price has been following beautifully. If a confirmed breakout occurs below this curved line, we can consider opening a short position, with a target around **1.12485**. As for long positions, I’m not considering any at the moment, since there are no signs of euro strength on this pair.