Districtfx

Bears Running Wild!, Bulls Hesitate in EUR/USD Arena

Short
FX:EURUSD   Euro / U.S. Dollar
Upon analyzing recent price movements over the last few days, a noticeable bearish sentiment is evident. The market is consistently forming lower lows and lower highs. In line with this trend, my outlook is inclined towards identifying selling opportunities. I plan to initiate sales after the price fails the fair value gap and reaches an area of supply, which we are currently approaching. In the event the market moves against me, I am open to reconsidering and may explore buying opportunities. However, my primary focus is on following the prevailing trend and seeking selling opportunities today. Thank you, and have a great day, my friends.











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