O agree but it will be more than a minor pullback. More of a correction move up to around 1.175 then I could see continuation short. After all we do have a engulfing candle on the weekly. I just new all retail traders were going to try and short it early
m_vahhaaj
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Yeah i think due to the upcoming election we can expect dollar rise. And eur weakening so downside is the way to go.
m_vahhaaj
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@muhammad_vahhaaj also the pair broke and important bullish trendline that adds to the bearish bias
gakto
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Hello Vasily, Gr8 top down analysis. You've provided me a different outlook. How often do you draw the channels on the H4 charts?