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Sublime_Trading
May 24, 2018 11:52 AM

Bullish to Bearish on The EURUSD Short

Euro Fx/U.S. DollarFXCM

Description

Last post: April 28th.
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Review: Price had broken key support and was weakening further towards the 200sma.

Update: Price continued to weaken is now trading 300 pips below the 200sma and the significant round number of 1.2000.

Conclusion: Price now has a bearish bias and we will be standing aside until an opportunity to short this presents itself.

Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!

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