ForexTrendline

The downfall on EURUSD should continue

Short
FX_IDC:EURUSD   Euro / U.S. Dollar
EURUSD has now completed a big portion of the move that we expected.

It confirmed the trend reversal on H1 and the beginning of a downside move.

That means, the positions that we need to look for are for a move below 1,1300.

The best case scenario would be to see a rejection of the support at 1,1300 and then a pullback to around 1,1360-80.
Those levels would provide us with a really good entry opportunities with targets 1,1190!

If you're looking for a longer-term trades then you can do that before or after the prediction that we just gave you.

We will follow the development on this setup in our daily analysis here!

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