#EurUsd in search for next support
After reaching the important 1.05 support last week, EurUsd corrected to the upside.
However, this correction was short-lived and, after touching 1.0620 resistance, the pair started to fall again.
Yesterday we also had a drop under 1.05 and at this moment EurUsd is trading at 1.0466.
The trend remains strongly bearish and the road is clear to 1.0360 next support.
As long as the pair is trading under 1.06, sell rallies should be the strategy
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.