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FUNTRADER-Vera
Oct 24, 2019 12:23 AM

2410 EURUSD going to start a strong downside trend from now Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD is about to start a strong downside swing from the blue resistance zone.
It probably just waiting for momentumn later after EBC deposit rate and refinancing rate decision which is now expected to be quite loose and could not help EUR to rise to higher position.
But this is a correction still, IMO, after breaking through the longterm red trend line.

GOOD LUCK for the big news on Thursday.
THANKSGIVING BIG SALES MONTH IS COMING SOON.

LESS IS MORE!
Comments
Anderson-FX
May be the uppertrend will continue with a support in the BB Basis.
Good analysis!
FUNTRADER-Vera
@Anderson_Guilcapi, Possible. This is not a setup to trade yet.
Good luck and thank you !
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