UGBOR

Bearish Continuation on EURUSD

Short
FX:EURUSD   Euro / U.S. Dollar
Eurusd is not done with it's bearish move. I still think it will reach 1.06560. The COT report is much bearish.
Entry: I've 2 scenarios for entry.
1st entry around 1.07770 with stop loss at 1.07900. If th4 level doesn't hold,
2nd entry will be around 1.08080 with sl at 1.08200
Whatever your entry model is, know that the market will still seek liquidity lower.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.