Trade Alert
The pair is balancing just slightly above its, we can say tentative, upwards moving trendline, taken from the low of the 6th of August.
We remain cautious for now. We need to see either a close below that line, in order to start examining lower levels again. Or, if EURUB decides to bounce and close above 80.29, this could be a bullish sign, where the pair could then travel back up towards the recent highs near the 81.9400 zone.
Don't forget your SL.
The pair is balancing just slightly above its, we can say tentative, upwards moving trendline, taken from the low of the 6th of August.
We remain cautious for now. We need to see either a close below that line, in order to start examining lower levels again. Or, if EURUB decides to bounce and close above 80.29, this could be a bullish sign, where the pair could then travel back up towards the recent highs near the 81.9400 zone.
Don't forget your SL.