mrAT_Trader

EURUSD : Short Trade , 4h

Short
FX:EURUSD   Euro / U.S. Dollar
Hello traders, we want to check the EURUSD chart. The price is moving in a descending channel and after a heavy drop it is moving in a range. We expect that if the price pulls back to the specified resistance level around the price of 1.07000, this level will maintain the downward trend of the price and the price will have a fall to around 1.06100. If the price can break this level, the second target will be the specified support level, i.e. around the price of 1.05300. Good luck.

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