Last Week, Eurusd broke out of the channel that as been developing for weeks. Price shot up to a new highs, then bulls started loosing momentum after hitting the resistance above the channel, now we may see more bearish moves in the coming weeks as Eurusd is on a long term bearish trend.
I expect price to reach the T.P zone(1.06300) sooner or later, Time would tell !
Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial.
You should therefore carefully consider whether trading is suitable for you in the light of your financial condition.
Goodluck !
I expect price to reach the T.P zone(1.06300) sooner or later, Time would tell !
Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial.
You should therefore carefully consider whether trading is suitable for you in the light of your financial condition.
Goodluck !
