This week, we’re looking at EUR/USD again for further bearish movement. Last week, we hit our targets after selling off from the yearly auto and high. Now, we’re aiming for lower targets once more, expecting price to continue bearish in alignment with our Orion bias.
As shown in the top right corner, we have strong downside targets. As always, look for a pullback to the highs before selling. If short-term highs form, those can also serve as sell opportunities, leading price down into the lows.
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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.