ForexTrendline

A breakout on EURUSD

Short
FX_IDC:EURUSD   Euro / U.S. Dollar
The downside direction remains but EURUSD is still struggling to breakout of the daily support.
We could see price back to around 1,1700 and then a breakout to follow.

Anyways, we will be expecting that breakout and we're going to look for trades in that direction.

The first target will be 1,1640 and then possibly below 1,1600.

As long as market keeps trading below 1,1760 we consider this downside move valid!

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