ForexTrendline

Be careful when buying EURUSD

FX_IDC:EURUSD   Euro / U.S. Dollar
Today, we are looking at the Daily timeframe on EURUSD.
It's very important to know what is the main move, especially when trading the lower timeframes.

The trend on the Daily chart is pointing to the downside and it's more likely to continue in the same direction!

Tomorrow is quite important and we may have some decent setups to work with.

This upside momentum that we had in the last 3 days, can easily continue but it's also very important to notice when there is a reversal!

That's why you should be careful when buying.
The coming days are key for price action!

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