EURUSD Possible correction, then a new Short

EURUSD Possible correction in the coming hours, after which a new Short. In the coming hours will likely see a test of the support level at 1.1530, while failure is possible couple to make an adjustment to the diagonal resistance level 1.1640, which will give us good opportunities to enter the sell.

Today housing market index in the US, showed weaker than expected data, the results reported 57 to forecasts of 58 points.

MACD is still above the level 0.0 and is dangerous to sell – waiting signal.

Varchev Finance

 Varchev Traders

Read more:
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance