TradePlus-Fx

TradePlus-Fx|EURUSD: still sell

Short
TradePlus-Fx Updated   
FX:EURUSD   Euro / U.S. Dollar
💬Description: The currency pair is still being considered for sale. At the moment, a short setup has formed on almost all major currency pairs, aimed at strengthening the US dollar. This strengthening is expected to be short-term.

Thus, for EURUSD the focus is on the level of 1.08530 to which a fall is expected. Potential long entry points may already be formed near it, so delaying sales too much is not the best idea. Of course, it cannot be ruled out that the price may fall to the level of 1.06745, but this is extremely unlikely.

The main idea remains the same, according to which we first expect a fall to 1.08530, after which we can consider longs with the aim of moving to the level of 1.11392.

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