fxsignals4pips
Short

Post-Brexit bearish Euro trade

FX:EURUSD   Euro Fx/U.S. Dollar
Current trade for the week ahead is going short on the EURUSD             pair as we see a 4-hour consolidation forming with a strong likeliness of a lower bound breakout.

For the next day at least, the sell-off on the Euro             should hit or near the ascending trend-line wedging with the resistance. I expect a bearish breakout especially given the Brexit vote and reduced stability in the Euro             Zone region.
In-depth analysis at RewardtoRisk.com
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