A very bearish week for EURUSD after printing a sell signal at the weekly resistance zone, as we anticipated last week. It continues to be in a downtrend on the weekly chart.
We are looking for further sell opportunities if we see a sell signal on a lower high.
Be mindful of the level marked below as this has been acting as support in recent weeks. If we see a strong buy signal at this level we will consider a long position.
We are looking for further sell opportunities if we see a sell signal on a lower high.
Be mindful of the level marked below as this has been acting as support in recent weeks. If we see a strong buy signal at this level we will consider a long position.