EUR/USD SELL
Hey Guys,
This is a counter trend trade!!
I'm currently selling EU after that huge bullish run we just had.
We've just seen price break beneath a strong area of support now acting as resistance, since London open we've had some strong bearish momentum step into the market, but I am only selling this pair to around the 1.0000 zone as this is where price is likely to reject and continue to the upside.
I will drop another analysis on this pair at 1.0000 where I anticipate price to go back up to the 1.01500 zone.
This is a counter trend trade!!
I'm currently selling EU after that huge bullish run we just had.
We've just seen price break beneath a strong area of support now acting as resistance, since London open we've had some strong bearish momentum step into the market, but I am only selling this pair to around the 1.0000 zone as this is where price is likely to reject and continue to the upside.
I will drop another analysis on this pair at 1.0000 where I anticipate price to go back up to the 1.01500 zone.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.