Euro/U.S.Dollar has been struggling to push higher than @ 1.4 as price found support around the 1.13546 areas , currently daily supply peak @ 1.13546 is in control and price has formed several OHLC candles below bullish trendline and even retested supply zone that caused the breakout , this indicates a shift in momentum. Price has also retested top of bearish trendline adding further confluence that price is indeed loosing bullish potential.
I am going short on the currency pair with targets at @ 1.11861 (weekly low)
“I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.” —Jimmy Dean
I am going short on the currency pair with targets at @ 1.11861 (weekly low)
“I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.” —Jimmy Dean
Trade closed: target reached