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VasilyTrader
Feb 13, 2020 2:28 PM

EURUSD: Bearish Wave & Breakout Short

Euro Fx/U.S. DollarFXCM

Description



without any hesitation, EURUSD has easily broken below a strong daily horizontal support
and now bears are pushing the market lower.

analyzing weekly chart it looks like a bearish wave proceeds.
The next target for bears will be a support line of a falling channel that the market is following from 2018.

if you still hold a long trade, I believe that the best option for you is to embrace the loss and stop struggling!

good luck!
Comments
alhassan6
Exactly 💯
VasilyTrader
What is your view on EURUSD???
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