Further weakness likely in EURUSD until it breaks this Zone.
In the 4H Chart, EURUSD looks set for another decline. However, a break of the 1.0930 level strongly will change the near-term picture to neutral.
So far, EURUSD appears to be in a Bearish move. I have been selling since 1.0980 last week and made more than 150 pips with these bearish moves in EURUSD.
This week's plan is to see how EURUSD moves in the area that I have highlighted in my chart.
If I see weakness, I will try to sell between 1.0875-1.0920 with SL above 1.0950 and TP at 1.0770.
I will take a look at the hourly chart and enter the trade if I see some bearishness.
So far, EURUSD appears to be in a Bearish move. I have been selling since 1.0980 last week and made more than 150 pips with these bearish moves in EURUSD.
This week's plan is to see how EURUSD moves in the area that I have highlighted in my chart.
If I see weakness, I will try to sell between 1.0875-1.0920 with SL above 1.0950 and TP at 1.0770.
I will take a look at the hourly chart and enter the trade if I see some bearishness.
