My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
August 12, 2015
EURUSD Bullish price action
EURUSD Descending triangle has given a bullish breakout. But price for now is testing the all important 200 SMA. Pair need to sustain and close above 200 SMA to extend this bounce towards the levels shown in last chart.