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ForexTrendline
Aug 29, 2022 4:43 AM

The next target on EURUSD - 0,9800 

EURO / U.S. DOLLARICE

Description

On Friday we had a reaction of the sell zone and an impulsive move to the downside.
The next target will be below the previous low- 0,9800.

Everyone who is currently in a short trade can move stops and expect this pair to continue lower.

New entries could be made after a pullback that will give us a better risk to reward ratio.

Don't look to buy!
Comments
Solldy
The market now, unfortunately, is boring, but in general the idea is not a bad one. I think we can get at least a small profit from this idea.
RLinda
Maybe. Thanks
KlejdiCuni
Looking at the forecast it should follow as seen here.
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