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ForexWizard01
Jan 6, 2023 2:03 AM

EURUSD may drop to monthly support Short

Euro Fx/U.S. DollarFXCM

Description

Currency Pair : EURUSD
Possible direction : Bearish
Technical Analysis : Price has broken out of daily support and showing strong bearing momentum on daily and 4h. Current session candle has a very weaker response from the buyers.
Fundamental : Positive ADP Non Farm Employment change data has given a strong boost on USD
Possible trade recommendation : Bearish as per chart

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Comments
razyanulsuvo
Nice sir
ForexWizard01
@razyanulsuvo, thank you
JoeChampion
I will wait to sell the retrace!
EMkioko
EURUSD has already dropped. we are in a bull's market now
ForexWizard01
@EMkioko, Thanks
EMkioko
@nezam02, Hey i could be wrong to some extend. Look at my chart though
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