WaelHaz

SHORT EURUSD (4H timeframe)

Short
FX:EURUSD   Euro / U.S. Dollar
Just an idea and at your own risk.

EURUSD is still bearish and still in its downtrend on all timeframes.
It is nearing its end correction phase after reaching the supply zone around 1.11-1.12 and a bearish flag is forming.
The next breakdown will lead to yearly lows into the next target and demand zone 1.05-1.06.

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.