Bankuur

More EUR/USD weakness!!

Short
FOREXCOM:EURUSD   Euro / U.S. Dollar
The EUR/USD was rejected big, 2 days in a row. Lots of selling pressure. Obviously, this was due to the strong US market on Thursday and Germany getting closer and closer to a recession.

I may look for an entry tomorrow at open, if the 4 hour or 1 hour charts look promising. Or, I might wait to see if the low can be broken, then wait for it to fall to that green demand zone and enter a counter play. We shall see!!



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