EurUsd Will drop as never before
Updated
Hello Traders,
As you see the chart, price went up with a decent power, then it turned into trading range. Yesterday, bears gained power for hours, but the were defeated by bulls. I think, price will goes up till 1.07600 and will drop with a shadow to 1.06400 then 1.04400.
Euro sentiment is not good really, and price already used the news about interest rate.
Ukraine and Russia negotiation about peace has stopped. Recession is a major threat for EU.
Considering all these, I'm waiting to sell.
This is not a signal to trade. Trade on your own mindset guys.
If you have any comment, please feel free to tell.
As you see the chart, price went up with a decent power, then it turned into trading range. Yesterday, bears gained power for hours, but the were defeated by bulls. I think, price will goes up till 1.07600 and will drop with a shadow to 1.06400 then 1.04400.
Euro sentiment is not good really, and price already used the news about interest rate.
Ukraine and Russia negotiation about peace has stopped. Recession is a major threat for EU.
Considering all these, I'm waiting to sell.
This is not a signal to trade. Trade on your own mindset guys.
If you have any comment, please feel free to tell.
Trade closed: target reached
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