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Peet_Serfontein

EURUSD: dollar strength on the horizon?

Short
Euro / U.S. Dollar (FX:EURUSD)  
Peet_Serfontein  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Technical Indicators
3
1
trendanalysis indicator
A BEARISH bias (dollar strength) is applicable below 1.2106..
Trade setup probability: -26%. Target: 1.2083. Stop-loss: 1.2117.
Downside price momentum supports the bearish trend. RSI is at 49, leaving room for further downside price potential.
Concern remains the low Trade SETUP PROBABILITY
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