Breaking out EMA and death-cross, possibility EURUSD going short
Updated
EURUSDDeath-cross EMA following by breaking out EMA trend. It's possible that EURUSD will change its trend and going short.
From price action in recent candles, we see a couple of rejection. Thus, we can expect a little pullback to the previous key level, and, subsequently, we can enter the trade there for 1:2 RR to the nearst support
Comment
Perfect entry and running smoothly. The price is breaking out 121.11. We can expect a further price movement to the nearest resistance (TP)
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