the5erstrading

Momentum changed on EUR/USD

Short
OANDA:EURUSD   Euro / U.S. Dollar
With the break lower from 1.2000 key level last week, the bias and momentum have officially changed to bearish. There are no demand areas no hold the continuation lower, but there are many supply areas to keep pushing lower. We will wait for retracements to those areas in order to short the market.

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