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Oct 4, 2020 4:11 AM

EURUSD Bearish Trend Reversal Short

Euro Fx/U.S. DollarFXCM

Description

Highlights:
- EURUSD broke below the Head and Should pattern on the daily timeframe
- Price retest the resistance level
- Look for Short opportunity

Market Trend:
The trend turned into Downtrend by creating Lower High and Lower Low

Momentum:
MACD stays bearish on the Daily timeframe

Opinion:
Bearish bias, expecting more downside move on the upcoming week



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