Dear Traders,
There is lot of indecision in the market because of geopolitical issues and french election. As we are seeing price of dxy getting down very sharply but eurusd price is not rising in comparison.
Currently,price is in bearish flag with abcde wave. E point will be most crucial point because if it breaks then it leads the price towards 1.0810, 1.0875, 1.0950. if price does not break crucial point then there will be big opportunity for seller to the price of 1.0570, 1.0495, 1.0432, 1.0378.
Short term position can be taken only in bearish flag.
Let see !!!
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing forex Team