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EUR/USD trend -short,correction to resistance levels,possible new negative impulse

EUR/USD average movement-short.Short term correction to resistance levels,now support,where is the price break.

Indicators in negative moods,CCI under 0 and RSI under 50 a bearish formation.

Stoch-possible new negative impulse by average direction.

For Sell now is a bit risky,because our Stop will be so far.Waiting 1.0605 levels with aim to minimize risk with Stop few pips above 1.0705.

Today we expect the statement of the Chairman of the ECB Mario Draghi at 15:30, which will most likely lead to higher volatility of euro, which will give a good opportunity for positioning on the market.


 Varchev Traders


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