ICFX

Volume downtrend

Short
FX:EURUSD   Euro / Dollaro
I believe EURUSD will continue to drop to yearly S1 where we should see a real reversal (yearly bottom). Price is likely to break below yearly S1, make a swing there (two three touches) and then its gonna continue in uptrend. Right now the vehicle is still in heavy bear market - below all pivots - yearly, half year and quarterly. Current resistance - half year S1 (former support), weekly Camarilla R4 and KUMO. It will be hard for price through all these - not enough fuel - the volume is heavily bearish.

TP1 - monthly pivot (10676) - monthly camr3 (10688)

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