Bullish to Bearish on The EURUSD

Bullish to Bearish on The EURUSD


Last post: April 28th. See chart.

Review: Price had broken key support and was weakening further towards the 200sma.

Update: Price continued to weaken is now trading 300 pips below the 200sma and the significant round number of 1.2000.

Conclusion: Price now has a bearish bias and we will be standing aside until an opportunity to short this presents itself.

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Sublime Trading