eurusd direction
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Commento:
price is right at the trendline, if it breaks it you know what to do, if it doesn't its obvious
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Commento:
broke trendline, now if it breaks also the major resistance, then it would be bullish, otherwise, bearish
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Commento:
if price of eur/usd breaks the purple support line, then eurusd will most likely continue a big downtrend. However, if it bounces up and breaks the blue trendline, then you could go bullish
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Commento:
Price failed to break the purple support line, this means that there will be probably be a consolidation for the next hours.
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Commento:
price is right at the resistance line, if it breaks it, then its bullish if it fails, then bearish direction.