EmpowerTrader

EURUSD Could Bleed Further As Markets Run to Safety

Short
FX:EURUSD   Euro / U.S. Dollar
Price has broke through major support sharply with continued momentum. The move comes as Turkish Lira sharp fall as risk aversion rise;Thus the market is running to safety, like USD or GOLD.

Scenario One (Pullback): Price pullbacks to the corresponding levels as seen on the chart

Scenario Two (Bearish Breakout): Price counties to fall lower, as the market sentiment change.



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