EURUSD Closing in on 1.5400 Support

EURUSD has moved lower pretty convincingly after a retest of the 1.55 resistance area and it is still trading inside the bearish channel we’ve been fallowing for the last few days. At 1.54 we will have to reases our bias as that is a good place to be looking out for a stronger retracement move that will aim at the resistance trendline around the 1.55 area. EURUSD has moved lower pretty convincingly after a retest of the 1.55 resistance area and it is still trading inside the bearish channel we’ve been fallowing for the last few days. At 1.54 we will have to reases our bias as that is a good place to be looking out for a stronger retracement move that will aim at the resistance trendline around the 1.55 area.

[NP][/NP]