My picks: nothing right now, waiting for EURUSD short setup
Expertise: Technical
Average Time Frame of Trades:
The drop below channel support strongly suggests that an important top is in place at 1.4340. The underside of the channel line near 1.4000 is potential resistance going forward as is the 61.8% of the decline from 1.4340 at 1.4135. A rally into this zone would present a short opportunity.
