Euro / U.S. DollarShort
Six Month Consolidation Likely Resolves Lower
Most likely this 6 month consolidation of the EURUSD resolves lower in favor of the established downtrend.
A potential low risk, high reward trade would be shorting EURUSD here with a stop placed above the prior highs.
Mitigating risk and swimming downstream along with trend.
A potential low risk, high reward trade would be shorting EURUSD here with a stop placed above the prior highs.
Mitigating risk and swimming downstream along with trend.
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.