Jpons

Jpons

Despite 6E is being extremly sold on the order flow i expect one more move up before starting the short rally to 1.05 in EURUSD.

Jpons Updated 

I expect a breakout of the bearish microchannel to create a Higher high that would follow the reversal of the long trend. The negative cumulative delta is really extreme, so the price could continue falling, but the unfair high that we have in levels of 1.0817 makes me suspect that we need a higher high to reverse the trend. Trade with care