Euro / U.S. DollarShort
EurUsd can drop to 1.16 in medium term
After the recent rise from 1.17 to 1.22, bulls lost control and the single currency is trading under 1.21 again.
In my opinion, a new leg down is about to happen and rallies above 1.21 should be sold
A daily close above the recent high would negate this scenario and swing traders can have 1.16 as a target
In my opinion, a new leg down is about to happen and rallies above 1.21 should be sold
A daily close above the recent high would negate this scenario and swing traders can have 1.16 as a target
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
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