EURUSD sell positions
Yesterday, EURUSD managed to break below 1,0500 and reached the next support level at 1,0463.
This confirmed our expectations from the start of the week for a continuation of the downtrend.
This is an important support level, and the price is currently holding there.
All active sell positions can have their stop losses adjusted, with focus on monitoring for further bearish continuation.
Keep an eye on the reaction around levels below 1,0450.
The current levels are not suitable for new sell positions.
This confirmed our expectations from the start of the week for a continuation of the downtrend.
This is an important support level, and the price is currently holding there.
All active sell positions can have their stop losses adjusted, with focus on monitoring for further bearish continuation.
Keep an eye on the reaction around levels below 1,0450.
The current levels are not suitable for new sell positions.
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