Harmonictraders
EURUSD ShortTime Frame: 4H
Symbol: EURUSD
Entry: 1.05545
TP: 1.01995
SL: 1.08783
Bias: Short
For this instrument the established trend is bearish but the instrument is currently trying to do some sort of reversion in order to establish a balance .However, the strength of dollar is working against it and that is why our bias is short.
JPYUSD Short Time Frame: 4H
Symbol: JPYUSD
Entry: 0.007856
TP: 0.007563
SL: 0.008099
Bias: Short
As we see the current price structure of this pair is gaining some bullish strength which is waiting to culminate in a short opportunity. This sudden surge will not sustain and it will come back to it's established direction.