Euro / U.S. DollarShort
EURUSD - Return to April Low
EURUSD downtrending on higher timeframes - last week we saw the creation of the April low at around 1.07260.
From a technical perspective on H1 we are seeing confluence to indicate movement to the downside again. However, we must bear in mind the fundamentals this week with the Fed & ECB interest rate decisions, and the consequent strength/weakness to EUR & USD, later in the week.
Going to see how this looks at the start of Monday's London session before considering entry.
From a technical perspective on H1 we are seeing confluence to indicate movement to the downside again. However, we must bear in mind the fundamentals this week with the Fed & ECB interest rate decisions, and the consequent strength/weakness to EUR & USD, later in the week.
Going to see how this looks at the start of Monday's London session before considering entry.
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