By: Investija
EURUSD negative trend is extended by low bearish movement below support barrier. Even though bears are sliding downside, lack of confidence can initiate bulls price recovery. At the moment, look for waiting option with selling opportunities, but it should be done with a care.
EURGBP bears are moving within a channel and while its boundaries hold, look for selling opportunities. Trend remains still negative, bears are confident while candles stay below resistance at 0.8747.
CADJPY, even though bulls are trying to overcome bears side, however bears are totally in control of current situation. Long term trend is still negative. Support level stays at 83.74 and resistance at 85.76, bears can feel save below resistance barrier.
EURUSD Negative Trend Extended
DailyForex.com