Eur is still Dropping and I think the possible area for retracement are on one of the two purple lines.... Maybe?!
We seem to be in a channel that keeps on giving, with no hope of a pull back any time soon! Just my take on this huge movement!
It looks like we have a potential reversal in the next few hours folks! Anyone agree?
It looks like this pair has started to bottom out and we could be in for a 200 Pip rise maybe?
A number of things all seem to back up a down trend in this pair today. Lets watch and see!
It looks like this Retracement is being tested quite regularly... It will either go up further or will return
We are in a channel and from previous track record, it would look like we are going to have a break in the next few days to the down side. Lets see if we are right!!
So Fib looks like its showing S and R - Watch out for confirming movements
So watch for the purple SELL line here!! FX_IDC:GBPCAD
After some retracement, I reckon this could be the movement next few days
