EUR/USD - brakeout from triangle - new low for 2018 ?
Updated
After the euro has broken down from the triangle in the last week I see a high probability of a new year low. There are currently too few bullish signals and the willingness of major investors to take risks is diminishing. The first signs of a possible crisis unsettle the eurozone and therefore weaken the currency. I expect further downturns in the next week and open a short position after receiving a sell confirmation from the market.
Trade closed: stop reached
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