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ForexWizard01

EURUSD may breakdown!!

Short
Euro / U.S. Dollar (FX:EURUSD)  
ForexWizard01  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD eurusdshort eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis eurusdsetup eurusdtrade
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trendanalysis chartpattern indicator eurusd eurusdshort eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis eurusdsetup eurusdtrade
EURUSD(4H) has broken out of local resistance and over-extended to the upside. As the long-term trend is down, the price is currently in the daily 20EMA zone, we could see a strong rejection from this as it seems it's a liquidity grab.

Upon price action confirmation, there could be a selling opportunity.
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