KaltoireCapital

EUR/USD Price Outlook| Drop to 1.12 is a possibility

Short
FX:EURUSD   Euro / U.S. Dollar
EUR/USD has reversed from the small resistance around 1.1350 area. In my previous idea, I advocated selling EUR/USD as soon as price gets close to the resistance level As per plan, I executed a sell when EUR/USD went close to the resistance area. Now, the initial target for the bears should be 1.12. Once 1.12 level breaks clearly, further downtrend can be expected till 1.10
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