EURUSD is still in a downtrend on the daily and weekly charts. Last week we saw a nice sell signal on a lower high which produced a move down as we had anticipated in last week’s “Weekly Outlook”. We just missed the entry by a few pips.
We will be looking for further pullbacks to lower highs and a sell signal to go short.
We will be looking for further pullbacks to lower highs and a sell signal to go short.