UnknownUnicorn15614419

EURUSD: Consolidation and fall

Short
FX:EURUSD   Euro / U.S. Dollar
So. The instrument has recently come out of the ascending channel, corrected to the support and went down below to 1.21. I think that this is possible as long as a local change in the uptrend, or a global correction. Okay. I expect the currency pair to decline to the local minimum of 1.21 and further - the liquidity zone, where the accumulation of market participants - 1.205

Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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.