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EUR/USD will likely test the bottom of the KUMO next week
Euro / U.S. Dollar
Short
EUR/USD will likely test the bottom of the KUMO next week
By SwissPips
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Updated
Mar 12, 2018
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Mar 11, 2018
Hey guys,
As mentioned in my previous analysis, I am bearish on EUR/USD (check my previous analysis).
The pair didn't manage to break above 1.2420 and was rejected multiple times.
I am expecting the pair to visit the bottom of the KUMO which should act as a support. Should it fail, new targets will be developed.
Trade with care.
Cheers
Jesse
Mar 12, 2018
Comment
*** EUR/USD Update***
The pair has shown some strength and is now in a strong resistance zone according to MP.
I am expecting this bounce to fail and reach the previous strong support zone, at least.
Cheers
Mar 12, 2018
Comment
Same opinion, EURUSD consolidating in a range
Bearish Patterns
Chart Patterns
EUR
EURUSD
Forex
fx
SELL
short
Trend Analysis
USD
SwissPips
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