By: Investija
Bears are slowing down, it looks like they are missing their confidence. However, despite weak strength, negative trend remains negative. While candles stay below 0.9987 price level, we can expect bears control of current situation. Bulls can get their chance just by rebounding at support towards resistance 1.0128 price level. Waiting action holds for now.
EUR/USD- Downtrend movement slided further downside
Downtrend movement slided further downside, bears are in good shape. However at the moment bulls and bears did calm down and formed a low trading range. According to the previous negative movement, further downswings are expected. At the moment look for selling possibilities below 1.3373 price level.
