EURUSD: Waiting For Breakout 🇪🇺🇺🇸

Short

Euro / U.S. Dollar (OANDA:EURUSD)

Updated

OANDA:EURUSD Euro / U.S. Dollar

supportandresistance supplyanddemand elliottwaves eurusd usdollar usd dollar euro swingtrading swingtrader forex

Hey traders,

What a bearish Friday on EURUSD.
It looks like bears are finally ready to push.
On focus is 1.112 - 1.119 structure support.
I am waiting for a breakout of that area to short the pair.

Taking into consideration that the market is trading in a strong bearish trend since summer,
the breakout may trigger a strong selloff.
Next support will be 1.063 - 1.073 cluster.

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