Confident_FX

EUR/USD trendline breakout

Short
FX:EURUSD   Euro / U.S. Dollar
From a daily prespective EUR/USD has just broken the december support trendline with a strong bearish breakout candle and, since the price has never retested the previous broken resistance zone around 1.196, I expect the price to fall down to it after testing one last time the broken support trendline.
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.