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DeGRAM
Feb 17, 2023 8:54 AM

DeGRAM | EURUSD bearish momentum Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD  is trading in the descending channel, making lower lows and lower closes. 

It broke and closed below the 1.06800–1.06700 zone, which became a resistance level .

At the resistance level, there is a kill zone for shorting the market.

If the price returns to this zone, we'll look for a trend continuation trade.


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Comments
InvestingScope
Thanks for sharing your view. Here's our take:
basictradingtv
great wrok!
DeGRAM
Good luck in the markets and have a great one!
JoeChampion
Good job, i agree on USD strength!
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