eur-weakness

amanpaulbhogal amanpaulbhogal EURUSD, D, Short , 2 years ago
EURUSD: Selling a weak EUR/USD
282 0 2
EURUSD, D Short
Selling a weak EUR/USD

In its prominent down trend, price continues to have pronounced consecutive cycles below the 20 ema pushing EUR/USD lower. Today’s bearish reversal bar bumped just shy of a past level, now acting as resistance, at 1.2500, and closes below 20 ema and 0.618 Fibonacci level. If a short trade does not trigger a re-entry can taken at the test of 50 ema and/or ...

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