EurUsd can drop to 1.16 in medium term
After the recent rise from 1.17 to 1.22, bulls lost control and the single currency is trading under 1.21 again.
In my opinion, a new leg down is about to happen and rallies above 1.21 should be sold
A daily close above the recent high would negate this scenario and swing traders can have 1.16 as a target
In my opinion, a new leg down is about to happen and rallies above 1.21 should be sold
A daily close above the recent high would negate this scenario and swing traders can have 1.16 as a target
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
Related publications
Disclaimer
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.