Short

EURUSD, swing of the year.

/ 1D

Hello Traders, welcome back to another market breakdown.

EURUSD is showing strong bearish momentum after the dollar index DXY
broke above the 2 years range. However, the price is oversold for now. Hence, instead of jumping in at current levels, I recommend waiting for a pullback into the middle of the range zone for a more strategic entry.

If the pullback holds and sell off confirms, the next leg higher could target:

First Resistance: Immediate levels formed during prior consolidation.
Second resistance: Yearly lows.

Stay disciplined, wait for the market to come to you, and trade with confidence!

Trade safely,
Trader Leo.

BTM-LEO

For more information: t.me/BeatTMarket

Also on:

BTM-LEO

For more information: t.me/BeatTMarket

Also on:

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