IkanBilisCapital

More downside for EURUSD and range bound for Q1 2022

Short
FX:EURUSD   Euro / U.S. Dollar
The euro dollar looks like it's set for more downside and trading in a side way range without much direction for the rest of the year and going into Q1 2022

BEAR CASE
I think price will likely test 1.16 before the bottom of the range is found, after which it should find upside in a choppy manner before deciding what to do next.

BULL CASE
Price may find some relief to the upside to retest 1.185

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