sohailnasirkalyar

EURUSD Short Term Outlook

FX:EURUSD   Euro / U.S. Dollar
There is no doubt that EURUSD is in bearish trend but it is clear that we shall see some pullbacks. If H1 does not closes below the support line and make inverse H&S then I will look for long entries. However, do not forget the more pullbacks we get the higher are the chances of winning o shorts trades. Overall target for eurusd in 2 month view is 1.02.
finally target is 0.87, see attached graphs.
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.