The 21, 50 and 200 smoothed moving average have come over showing that EUR/USD will be in a down trend and the super trend indicated its a good idea to sell aswell, additionally a confirmed bearish 3 line strike has played out again confirming this, i am currently in a 1.5 risk/reward ratio and i am holding a short position
NOT FINANCIAL ADVICE JUST MY PERSONAL TAKE
Not only going off the indicators, the euro has been dropping and will most likely continue dropping, the euro has fallen more than 4% so far in April and is heading for its worst monthly loss in more than seven years as uncertainty around the war in Ukraine and China's COVID lockdown measures are not only restricting trade in Europe, but leaving a lot of traders...