Euro / U.S. Dollar
Short

EURUSD possibly to bottom of trendline

210
- EURUSD has started a correction phase already, but rejected before it hit the bottom of the trendline
- EURUSD’s previous tap on the trend line didn’t end with a higher high, but instead a lower high
- I expect to see some more bearish pressure once EURUSD hits the entry level as shown on the chart

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.