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KaltoireCapital
Jun 30, 2020 5:24 AM

EUR/USD Price Outlook|Bulls fail again Short

Euro Fx/U.S. DollarFXCM

Description

EUR/USD tried to rally yesterday but the bulls failed again. That further strengthens my long-term plan to keep selling the pullbacks in EUR/USD.
I expect price to reach 1.1060 over the course of the next few days and if the bulls can't defend 1.1060 then a drop to 1.08 is also possible.

So, the best way to trade EUR/USD is to sell it when price gets closer to the resistance level.

Comment

30 pips drop already since the time I spotted and published this set-up
Comments
Yuriy_Bishko
Good idea
also, use that triangle
KaltoireCapital
@Yuriy_Bishko, Nice of you to come and share your idea below my analysis considering the fact that you removed me from your group last week for sharing some good trades!!!
FXCM
agree with you

KaltoireCapital
@FXCM, Thank you
DrXoX
@FXCM, very nice FXCM
Josopo03
Dude excelent analysis, you just made me 100 pips brother
KaltoireCapital
@Josopo03, That's great to hear :)
FEA_
Cheers, just a waiting game until that break.
KaltoireCapital
@Roccotp, Yes the probability of a big drop is increasing
Refimadon


Almost closed this but I am still holding...
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