motleifaul

Bottom?

Short
motleifaul Updated   
FX:EURUSD   Euro / U.S. Dollar
It looks like a bottom around 0.99. But we see lower lows and lower highs as well. This indicates to me that there are more sellers that buyers at this level. It is a bear market with a bearish momentum. Thus it is more likely that the range will be left to the downside in my opinion.
Trade closed: stop reached
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.