EUR/USD CONTINUES TO CONSOLIDATE

4 בנוב׳ 2015

Prices still trading well below 10 day EMA and 15 day SMA.Major bearish trend still intact .Current H4 candle close above support trend line area shows a possible retracement move higher within this triangle.Break above 1.0966 area and 1.0974-1.0988 area could come into play. SMA resistance currently @ 1.0994 . A close below 1.0920 area puts support @ 1.0908-1.0912 in focus.Below that minor support levels are 1.0896-1.0888