Get started
KaltoireCapital

EUR/USD Price Outlook| Bulls or bears?

Euro / U.S. Dollar (FX:EURUSD)  
KaltoireCapital  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis EURUSD eurusdshort eurusdlong eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdtrade eurusdanalysis
126
42
trendanalysis chartpattern beyondta eurusd eurusdshort eurusdlong eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdtrade eurusdanalysis
EUR/USD is stuck in a small range for many weeks now. Whenever a particular pair is stuck in a range, trading becomes a little difficult. However, in my opinion, the path of least resistance is still to the downside. This is because EUR/USD is has been rejected the the resistance level and bulls were unable to break it.
So, the best way to trade EUR/USD is to sell it whenever price gets close to the resistance level.

Related Ideas

KaltoireCapital
EUR/USD Price Outlook| Drop to 1.12 is a possibility
KaltoireCapital
EUR/USD Trade Set-up| Sell on every rise #SOER
KaltoireCapital
EUR/USD 500 Pips Sell Trade with Low risk
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.