dchua1969

Short term sell for EURUSD

Short
dchua1969 Updated   
FX:EURUSD   Euro / U.S. Dollar
see chart
Comment:
please note that this is a short term sell opportunity as I am still bullish on the long term. USD is more likely to fall than strengthen, so the fall in EURSUD is an opportunity to accumulate. The crucial line to watch is the main bullish trend line, if it stays intact, continue loading up.

Where else are you going to buy low , sell high if there is no correction ? So, this kind of moves/correction is healthy and it also provides opportunities for late buyers to come in as well.
Comment:
wow, what a fierce bull run for EURUSD. It has now revisited the peak of 16 March 2020 price level and there would be ECB announcement soon. So those who long, take profits. Those who wish to sell, get ready.
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