Trader3000

Turning Point Is Almost Reached

Short
FX:EURUSD   Euro / U.S. Dollar
It took a while for the EURUSD to rise into such "new hights"; almost a month.
But that's all for January. After reaching the 1.0700 level the EURUSD will start a downtrend.
So in the next months we will see a falling Euro.

I placed a SLO into this red zone because I think that today (or at least tomorrow) during the LO this level will be hit. And what follows then is a change in trend.

I wish you a lot of pips!

(What are you thinking about? Any comments would be great!)

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.