DanV

EURUSD - SHORT TERM BEARISH

Short
FX:EURUSD   Euro / U.S. Dollar
1
You will note the over the intermediate and Longer term I am bullish on EURUSD . Having said that, it appears to have moved up in 5 waves of the 1.2660 low, which I think could have completed wave (i) and now expect over the next few days for retracement to 1.2870 ideally but could be deeper to 1.28 area before proceeding higher.

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.