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EURUSD: Bearish Wave & Breakout

Short
Euro / U.S. Dollar (FX:EURUSD)  
VasilyTrader  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns forecast trading EURUSD euro dollar Technical Analysis
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trendanalysis harmonicpatterns chartpattern forecast trading eurusd euro dollar technicalanalysis
snapshot

without any hesitation, EURUSD has easily broken below a strong daily horizontal support
and now bears are pushing the market lower.

analyzing weekly chart it looks like a bearish wave proceeds.
The next target for bears will be a support line of a falling channel that the market is following from 2018.

if you still hold a long trade, I believe that the best option for you is to embrace the loss and stop struggling!

good luck!
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