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Mihai_Iacob
May 20, 2022 5:27 AM

EurUsd- Best place to sell for joining the trend Short

EUR/USDOANDA

Description

Yesterday I've written that I expect EurUsd to drop towards parity (and even lower in fact).
As we can see from the daily posted chart, after reaching the 1.0350 low, the pair is on the rise.
In my opinion, this is just a correction and can offer bears a good selling opportunity to join the downtrend.
1.0750-1.0800 is a clear horizontal resistance and here I will look to sell.
EurUsd back above 1.10 would negate my bearish outlook
Comments
sajjadshamsiiii2
good
YMGroup
excellent view, Im agree with you, I think euro will go down
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