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EURUSD - Weekly Chart Analysis

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Euro / Dollar AS (FOREXCOM:EURUSD)  
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FOREXCOM:EURUSD   Euro / Dollar AS
Support and Resistance Trend Lines Candlestick Analysis candlestickpattern shorteurusd EURUSD eurusdshort Technical Analysis shortsetup shortsell
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supportandresistance trendline candlestick candlestickpattern shorteurusd eurusd eurusdshort technicalanalysis shortsetup shortsell
Price Action: Bearish
Pattern: Break of daily support + 29 EMA *still in corrective phase
Long-Term Momentum: Bearish
Short-Term Momentum: Bullish
Bias: Short
Action: Enter short once price breaks below 75 + 130 EMA and trend support + weekly support
Comments: Price is reaching a critical point in the structure. The longer-term EMA’s are lining up with longer-term support zones, so if there is a break below these levels price should move freely.
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