ElemontFX
Short

EURUSD Forecast

FX:EURUSD   Euro Fx/U.S. Dollar
a month ago
EURUSD             is still well and truly bearish after negative ECB news, causing a breakout through the support (now turned Resistance) level.
Price is currently trying to break even lower from the local trendline , which would see EURUSD             head towards the bottom of the long-term Major Trendline. From there we expect a bounce back towards Resistance before falling towards Major Support at Potential Reversal Zone 2.

Trading Ideas:
Short EURUSD            
Trade trendline breakout
a month ago
Trade closed: target reached
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