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Trading2ez
Oct 10, 2022 4:07 PM

EUR/USD likely to fall! Short

Euro Fx/U.S. DollarFXCM

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Hey tradomaniacs,

EUR/USD has shown a fakeout to the upside with a fast reversal showing sellers are trying to fool buyers in here.

Previous news were hawkish but so far we see a risk-off-tone in the stockmarket which is likely to keep EUR under pressure.

However, lots of sellers coming in at this spot and orderflow is currently pretty bearish!

Please keep in mind that all trades are risky today due to less volume. Lots of holidays and closed bond-market ahead highly awaited news this week!

Let`s see =) Good Chance!

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