VasilyTrader

EURUSD: Can We Expect a Bearish Continuation?! 🇪🇺🇺🇸

Short
OANDA:EURUSD   Euro / U.S. Dollar

Hey traders,

EURUSD still leaves bearish clues.
Trading in a long term bearish trend ,
the pair started to slow down a bit,
but still keeps falling within a falling parallel channel setting new lower lows and lower highs.

I believe that bears will keep pushing the price to the year's low.
1.17 - 1.172 is the major demand zone to watch.
In case of the absence of some fundamental triggers, I believe that we will be there shortly.

❤️Please, support this idea with a like and comment!❤️

Comments

also a falling wedge looks completed.
+1 Reply
closing above 1.18 seems very strong. but since trend looks like besrish then 1.17 and 16 are not far
+1 Reply
VasilyTrader ASFAND_GOLD
@ASFAND_GOLD, thank you for comment my friend!!!
Reply
Are you bearish on EURUSD?
or it is time for growth?
+1 Reply