Euro / U.S. DollarShort
EURUSD poised to reverse to 1.2050 anytime soon ?
EURUSD potential ending diagonal might be unfolding since 1.2058 lows, Wave 4 termination. If correct, bulls might push through 1.2184 and turn sharply lower again. Alternately, a top might be already in place at 1.2176 yesterday and a lower degree waves 1 and 2 might be completing now. Either way, EURUSD looking lower through 1.2050 at least.
Short against 1.2250/60, targeting below 1.1600
Short against 1.2250/60, targeting below 1.1600
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.