Reitak

eurusd long way down

Short
Reitak Updated   
FX:EURUSD   Euro / U.S. Dollar
eurusd is still on big downtrend (cyan area) and to end this year, max january will visit 1.119 (red area strong support / possible big shoulder formed). But first we need break 1.130 - 1.290 and under 1.129 we go 100 pips down. Our top of this cyan trend area is 1.136, but we can see with high volatility (some news) again false breakout as previous with top 1.139, but rather stay in trend. There is very low chance visit price above 1.140 . Important TP is 1.119 - 1.120 , there will see what next, if jump to 1.126 - 1.130 max and long way down to 1.11 - 1.07 or direct down from 1.119. But this is far and we have 1, max 2 months for this, then i will create new chart. So now SOER recommend.
Trade active:
we hit that red top i post we can see with volatility, now expect down

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