DariusFxTrading

EURUSD short (Longterm Analysis, Supply Demand, Trend Line)

Short
OANDA:EURUSD   Euro / U.S. Dollar
Hello Traders !

Today I would like to share my long term analysis for EURUSD on the daily chart .

We can see that this pair is in an overall downtrend. Price made a correction move and broke it. I expect now the continuation of the downtrend.
Of course we could see a retest of the trend line but we need to wait how the daily is closing. It looks like we are forming a new Supply/Demand Zone .

I expect on EURUSD a big short on the long term view.

For a nice Scalp Trade we need to look at the lower timeframes to see some confirmations.

Let me now in the comment section below your view on EURUSD and what you think about my Analysis.
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Thank you and we will see next time
- Darius.

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