Elliot_Myers
Short

EURUSD Bearish Set Up

FX:EURUSD   Euro Fx/U.S. Dollar
Price action took it's 3rd bounce and failed break of the bearish trend line thus validating it.

Watch for a break of the lower trend line to confirm a bearish move to fresh lows.
stream
4 months ago
bearish setup but it looks eu is going up ...
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Elliot_Myers stream
4 months ago
Thanks for commenting Stream.

We'll have to see if the lower trend lines holds a 3rd test otherwise this could be a reversal in price bias. The stronger pay rolls are likely to support a bullish dollar too.

I do see the potential for a buy here however the latest short term analysis is suggestive of the downside.
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stream Elliot_Myers
4 months ago
i suggest entries long at 1.1051 Have a good luck
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Elliot_Myers stream
4 months ago
You too!
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