EurUsd turns bearish

2020년 9월 2일

The break above resistance proves to be a false break and after a spike above 1.2 figure, EurUsd dropped hard just to find support in 1.19.
This can be the beginning of a short term correction (I consider long term trend for EurUsd strongly bullish) and in my opinion, rallies should be sold.
1.2 zone can act as resistance and a potential target for the next few days can be 1.18