EUR/USD:DOWNTREND | PRICE ACTION ANALYSIS | SHORT SETUP đź””
Good Morning traders. Update on the analysis EUR/USD
Price it's inside a bearish channel where react with a rebound in a fibos levels of 38.2% highest swing and seems to give a clear signal of short. We can see a reversal bearish pattern of Head & shoulders formation. We think about a level price retest around 1.01500 / 1.0200 before drop definitely down.
Price it's inside a bearish channel where react with a rebound in a fibos levels of 38.2% highest swing and seems to give a clear signal of short. We can see a reversal bearish pattern of Head & shoulders formation. We think about a level price retest around 1.01500 / 1.0200 before drop definitely down.
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