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Mihai_Iacob

EurUsd- Start of correction?

Short
Euro / U.S. Dollar (OANDA:EURUSD)  
Mihai_Iacob  
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD eurusdshort eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis eurusdtrade eurusdsell
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trendanalysis chartpattern indicator eurusd eurusdshort eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis eurusdtrade eurusdsell
As I said in my morning DXY analysis, I expect a correction for USD pairs, one that will last more than a few hours...
In EurUsd case, the pair is trading in an ascending channel, with no real buying power. Tops also are pretty close in price which is a clear indication of exautions
In my opinion, a correction is just around the corner and a drop to 1.2050 is my view for EurUsd
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