Leo-btm

EURUSD bearish bais

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD / 4H

Hello traders, welcome to another market breakdown.
I'm sharing with you one pair that I'll be keeping an eye on once the market opens.

Technical analysis: EURUSD has been trading in a downtrend, and right now the price seems to be stuck in a trading range.
I'll be looking to short this pair once get the confirmations needed. check out the 2 scenarios I'm waiting to see.

Fundamental analysis: Once the markets are uncertain in times of war or crisis, investors tend to lean on save haven currencies, one of them being the US dollar. So, buying the US dollar nowadays seems like a wise thing to do.

Trade safe,
Trader Leo.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.