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Phils_Ocean
Feb 16, 2020 3:45 PM

EURUSD Wave Analysis Short

Euro Fx/U.S. DollarFXCM

Description

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EURUSD is still in downtrend and is grinding its way to the weekly support zone. We have a gap from April 2017 to be filled, but that is no strong support area.

Strong supply begins at the marked area, from 1.03400-1.05800. There will be some nice loading with long positions by the professionals to participate in the next bull run.



This is no investment advice. Just for educational purpose.
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