There are many reason why we feel EURUSD may sink.
01. It has not sustained quarterly buy level.
02. pattern in .
03. To rise and clear quarterly targets it has to come down to gain momentum for up move.
04. (3,3,14,Close) clearly states the EURUSD may sink
05. (14,CLOSE) Is also of the same view.
06. (20,CLOSE) Is also sinking.
Keeping all the above indicators in view along with the chart pattern we expect EURUSD to sink. Our sell call shall be from sell bellow:1.1134 with a SL @: 1.1162 Tgt01: 1.1066 Tgt02: 1.1035 Tgt03: 1.0941. We are expecting this to happen shortly. Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.