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OmenFinance

EURUSD Short position Idea - Opinion

Short
Euro / U.S. Dollar (OANDA:EURUSD)  
OmenFinance  
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Technical Indicators Chart Patterns eurusdshort EURUSD EUR USD short Technical Analysis
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trendanalysis indicator chartpattern eurusdshort eurusd eur usd short technicalanalysis
Hi there . This is a recent analysis for the major currency pair EURUSD. As you see the weekly chart EURUSD is at a downtrend with price target of 1,10 and 1,08. Short signal is confirmed from RSI and ADX. At Friday which NFP's are announced might move lower and break the level of 1,11 if NFP's came out possitive as it is expected for March. The price level of 1,08 might be possible because President Trump stands still for a stronger USD which is going to move DXY higher and as you imagine the EURUSD pair will move lower.

**This is not an investment advice, it is only for educational puprose**

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