ElenaMayi

EURUSD - bearish tendency

Short
ElenaMayi Updated   
FX:EURUSD   Euro / U.S. Dollar
the price stability under the strong resistance zone, which is located between 1.0873 and 1.0903, so if the price can break 1.0873 and reach 1.0903 and also stabilize above it, the direction generally will be a bullish trend, but in my opinion, the price will fall at the current zone or after the price reaches the top of this zone, which means the 1.0903 level, it will drop to under 1.0873 and until 1.0835.


Tendency: Short 1.0873
Target station: (1.0835, 1.0803).
Comment:
The price reached our target of 1.0873, as long as trading below this level will reach the second target, which is 1.0803.

By reversing and staying above 1.0835, the price will move between this level and the 1.0873 level.

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