EUR/USD The Vortex of the Triangle is Close

The EUR/USD is very close to the vortex of the triangle. My expectation is that the price will go lower.

1.2075 is the POC zone. We could see the congestion in the area and a D L3 camarilla pivot which has rejected the price. Momentum down below 1.2060 should accelerate the move of the EUR/USD towards the 1.2050, 1.2035 and 1.2020 zone. Selling should continue and fading the strength is the scenario to go with.

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Cheers and safe trading,



Published by

Nenad Kerkez

Nenad Kerkez is an analyst and trader who has been in the market since 2008 and works closely with Admiral Markets as their Senior Lecturer and Market Analyst. Nenad covers over 25 currencies on an intraday basis and has a Masters in economics. He also developed CAMMACD TM, a proprietary trading and analysis strategy wit ever powerful pre fact setups that you can read every day. Nenad is also a valuable presenter on various FX EXPO shows, where he always presents new and interesting ways how to trade price action and protect your own investments. Further, he is the co-founder and head of Elite Currensea Trading, an educational website for currency traders.