Glancing at current market conditions, we can see that USD is creeping into overbought territory and could remain there if fundamentals are unchanged or positive.
All of the reasons for the short are explained on the chart. Feel free to join in the discussion on forex, crypto and other asset classes
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If current market conditions hold, we could see further shorting opportunity for the rest of the week here. If there is no mid-week reversal, we should see EURUSD push even further down.
