InvestMate

💶💵EUR/USD Problems With Increases💶💵

Short
FX:EURUSD   Euro / U.S. Dollar
💶💵EUR/USD Problems With Increases.

💶💵As I wrote in the last post, EUR/USD has had problems with increases for the last month:

💶💵Every attempt at increases ends with the start of a small downward correction which returns to increases during the next sessions.

💶💵Looking at EUR/USD I don't see much potential for increases there. The price is being pulled out on a wave of positive sentiment.

💶💵But at any moment we can expect the start of a real downward correction.

💶💵Looking at the technical environment, I don't see any decisiveness there about any of the directions.

💶💵I am still waiting for a firm decision on the direction.

💶💵The scenario I am playing out is to wait for the start of a strong downward movement. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

💶💵*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.

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