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EURUSD 4hour Analysis 5/10/20
Euro / U.S. Dollar
Short
EURUSD 4hour Analysis 5/10/20
By ForexLeague
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May 10, 2020
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May 10, 2020
EURUSD Short Idea
Higher timeframes are significantly bearish on this pair and we are currently seeing what looks like to begining of another bearish leg.
We saw a break and retest of 4hour support as well as the 38.2% fib level.
Ideally more bearish setups on lower timeframes would be reason to enter short. Look to target lower toward our key monthly level around 1.06000
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