Get started
chanel

Short Euro/USD on Weakness

Short
Euro / U.S. Dollar (FX:EURUSD)  
chanel  
FX:EURUSD   Euro / U.S. Dollar
EURUSD eurodollar USD
1
0
eurusd eurodollar usd
After the Brexit, the pair has consolidated for awhile. The bears look to be back in control and looking to push prices lower after rejecting a short-term level at 1.1125. Bank reports show support at 1.0833 currently.

Technicals:
  • Rejection of short-term resistance
  • Rejection of MA's

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.