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Mihai_Iacob

EurUsd- New leg down underway

Short
Euro / U.S. Dollar (OANDA:EURUSD)  
Mihai_Iacob  
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD eurusdshort eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis eurusdtrade eurusdoutlook
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trendanalysis chartpattern indicator eurusd eurusdshort eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis eurusdtrade eurusdoutlook
After breaking above the falling trend line resistance, EurUsd has failed to continue up and, instead, reversed from above 1.2150 resistance and strong sell zone.
I expect a new bear leg from this pair at this point and rallies above 1.21 should be sold.
Only a daily close in 1.22 area would negate this scenario
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