EURUSD in a downtrend
The downtrend is still valid even after the ECB Interest rate decision.
We had about 50 pips move in both directions.
Now we're waiting for this downfall to continue and to see price reaching 1,1760.
If this trend will continue then we shouldn't see market above 1,1885.
Once we see price breaking below 1,1800 that will give us even more confirmation
and also an opportunity to add to our position and look for the next support levels.
We had about 50 pips move in both directions.
Now we're waiting for this downfall to continue and to see price reaching 1,1760.
If this trend will continue then we shouldn't see market above 1,1885.
Once we see price breaking below 1,1800 that will give us even more confirmation
and also an opportunity to add to our position and look for the next support levels.
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