EURUSD BEARISH SENTIMENT TO CONTINUE
EURUSD looks likely to continue lower despite the price bouncing from the lows.
Sentiment indicators suggest that the retail market is net long here which suggests
prices could break lower. If price breaks through the lows we should expect a continuation
of the downtrend. If the USD does weaken however price could test the current lows before
breaking lower.
Sentiment indicators suggest that the retail market is net long here which suggests
prices could break lower. If price breaks through the lows we should expect a continuation
of the downtrend. If the USD does weaken however price could test the current lows before
breaking lower.
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.