ForexTrendline

Is the downfall on EURUSD coming to an end

FX_IDC:EURUSD   유로 / 미국 달러
Yesterday, we saw a 100 pips drop on EURUSD, but that's not where it ends.

That confirms the downfall which we expect to continue for now.

However, we should pay attention that there was a move of 170 pips without any pullback - something unusual for this pair.
Today is Friday - a suitable day for collecting profits and therefore a possible pullback.

That's why it's probably best not to look for short positions today, but instead of that, wait for a retracement!
Long-term ideas are still valid and without any changes!

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