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elyte
Dec 2, 2016 12:11 PM

Eurusd: more bearish move expected? Short

Euro Fx/U.S. DollarFXCM

Description

Is this triangle pattern a good proof the Eurusd will continue falling.
I expect a fall to 1.04 especially if price breaks below the triangle at 1.0575

I am bearish. I have to add this to my close watchlist which was not part of it in the video i discussed yesterday.

Enjoy the bearish ride as we await the NFP

Comment

The breakout happened after the result of the referendum in Italy says "NO". The Fed rate hike expectation this week will also be good indicator. 1.0 isnot far fetched if Fed hike the rate.
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