EUR looking sh** tbh, not the best Xmas coming for Euro ZoneHey guys, will start posting again, generally my two cents on EUR/USD it is not really looking good now, looks like we are going to go down and generally looking at the way everything is going S&P500 is also going down so, maybe a short trade here or just move your money away from EUR for now, but let's see.
Eurshorts
EURUSD - Correction is comingNothing really changed from last week. Euro tried to close above 1M Trendline and got rejected for the 2nd time:
This fact signals that Uptrend is getting weaker and weaker, so we should pay great attention to local Support/Resistance Zones:
It is recommended to open SHORT/LONG positions ONLY from the local zones.
Also, make sure that you've checked my recent DXY idea, as it is closely related to this chart.
Good Luck!