As I mentioned in yesterday's analysis, the euro is in strong bearish momentum. What I was waiting for today was for the price to show me which direction it would move. Today, I took advantage of a sell opportunity on this currency pair.
Tomorrow, I will also wait to see what happens. What I anticipate could happen is a pullback followed by a continuation of the bearish momentum.
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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.