EUR / USD retreats


In my previous article, i mentioned about the pounding of the lower trendline.

As spoken, the continuous bearish pressure prevailed and the EUR / USD has retreated to the sub 1.4100 region.

S & P 500 is not doing well either, closing at around 970ish.


From a technical point of view, potential support lies at 1.4000.

While resistances are at the previous daily trendline, 1.4150ish and strong point 1.4200.

Watch the equities markets closely for clues.

Trade safe.

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