EURUSD – Up
EUR/USD is still on a bearish move, recently it retraced at a resistance line 1.1936 then went down and is now approaching a support line 1.1733, I expect a rejection from it followed by a pull back to 1.1936 and a rejection of price from it for possible bearish momentum towards 1.1733.In case price does not correct to 1.1936 and instead breaches below 1.1733, you can wait for a pullback to the broken zone then short EUR. Bears are charged and only short positions look ideal on the daily chart above. Right now, I’m waiting for a correction to 1.1936 or a breakout below 1.1733 to short EUR/USD.
Wait for a correction to 1.1936 or a breakout below 1.1733 to short EUR/USD.
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