EURUSD: low conviction sell Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Jun 1, 2022 9:09 AM

Remains a risky trade, especially for Friday's NFP.
A bearish trend is applicable below 1.0785.
Crossing above this level will negate the bearish trend.
The price action to the upper range of the Bollinger Bands also supports a stronger dollar.

Trend Analysis