I really like this one on a technical side. With the EUR coming down all year the favour is to keep playing the trend to the downside. With price pulling back towards a resistance trend line and also pulling back 50-61.8 % before the daily closed as a nice rejection, I think we could see further downside. I'm not short yet especially with NFP tonight however see how it goes and I may look at shorting this early next week.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.