ForexTrendline

A new bottom on EURUSD

Short
FX_IDC:EURUSD   Euro / U.S. Dollar
On Friday price reached 1,1431 and it created a new low.
We expect to see market below this low and around values of 1,1400.

However, before that it’s very likely to see a pullback to the 1,1500 level.
This will be our best entry opportunity with a good risk to reward ratio.
We will be looking for reversal around 1,1500 and possible entries.

Opening a trade at current price levels is not recommended!

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