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EUR/USD On The Way Down

Price dropped and is almost to reach the median line (ml) of the descending pitchfork, where he may find temporary support. The current drop is natural after the false breakout above the median line (ml) of the minor ascending pitchfork. However, only a valid breakdown below the median line (ML) of the major ascending pitchfork will confirm a larger drop.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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