For days EURUSD had been in a strong bearish momentum and I believe in a long term Euro will continue to face pressure against the dollar. We saw a bit of a rally to the upside at the beginning of the week which I believe it was just some sort of corrections and at this point this market is more likely to continue falling seeing that it broke below the ascending channel on lower time-frame. I will look for possible opportunity to short this market with two targets in mind, 1.05538 and 1.046657.
Traders, if you find this idea helpful please support it with likes and I will highly appreciate it.
Traders, if you find this idea helpful please support it with likes and I will highly appreciate it.
