Euro / U.S. DollarShort
EURUSD Short Bias
As we can see EURUSD rejected our trendline again. On a higher timeframes we are more into short bias and on a lower timeframes it is confirmed (in my opinion). So I expect move to the downside.
Scenario n°1: Support level rejected and then move to the trendline.
Scenario n°2: Support level broken and continuation to the downside.
Scenario n°1: Support level rejected and then move to the trendline.
Scenario n°2: Support level broken and continuation to the downside.
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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.