EURUSD On Key Level! Stay Calm 🇪🇺🇺🇸

Short

Euro / U.S. Dollar (OANDA:EURUSD)

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OANDA:EURUSD Euro / U.S. Dollar

supportandresistance supplyanddemand waveanalysis usdollar usd eurusd forex

Hey traders,

EURUSD is currently retesting a current local structure low.
Being a strong support, I am waiting for its bearish breakout as a signal for a further decline.

We need a daily candle close below the underlined structure to confirm a bearish continuation.
Being confirmed, bearish continuation will be expected to 1.171 level - year's low.

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Comment:

Check my new analysis on GBPUSD:

GBPUSD: Important Breakout & Bearish Continuation 🇬🇧🇺🇸

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