mrhashem

EURUSD Another Lower High?

OANDA:EURUSD   Euro / U.S. Dollar
Another Lower High is confirmed on the EURUSD Monthly chart and could trigger the reversal of it.

If it gains 1.18 on the weekly scale it could test 1.19 and if it breaks change of behavior happens and the upside targets will be more probable. but until that, it is bearish with another Monthly Lower High.
Comment: If a weekly candle closes above 1.91 the probability of this being a Lower High will diminish and the next long-term target would be 1.25.

Without Risk and Position Management, You WILL Lose Money.