Preferred direction: SELL
Comment: For the euro, we continue to maintain sell-priority, and the trade according to scenario №1 in our previous trading idea is already in the works. At the moment, we expect a fall to 1.08500, and most likely, sellers will realize this target this week. Sales are also relevant from current levels, and in addition, we do not yet exclude scenario №2, which is shown on the chart, according to which, before falling to 1.08500 and below, the price will first test the level of 1.10000.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!