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Euro / U.S. Dollar
Short

EURUSD: Breakout & Bearish Continuation

By VasilyTrader
Updated
snapshot

EURUSD is trading in a local bearish trend.

The price is following a falling trend line for quite a while
and for now, it serves as a strong resistance.

This week the price was consolidating within a descending triangle.

Yesterday its support was broken and now we see a retest.

Chances are high that EU will drop now.

First goal - 1.184
Comment
Check my new idea on NZDCAD:
NZDCAD: Trend Following Opportunity
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