Reasons to short EURUSD till MAY 2022 (3 months)
1. Major break of daily falling trendline which has not been restest... expecting a deep pull back.
2. Price currently forming WAVE 4 (rising wedge) within the falling channel.
3. Price is expected to trend up into the 1.15059 region to complete wave 4.
4. EURUSD could reach the lows of May 2021 to complete Wave 5.
1. Major break of daily falling trendline which has not been restest... expecting a deep pull back.
2. Price currently forming WAVE 4 (rising wedge) within the falling channel.
3. Price is expected to trend up into the 1.15059 region to complete wave 4.
4. EURUSD could reach the lows of May 2021 to complete Wave 5.