EURUSD short - Supply Demand, Monthly Target
On EURUSD we got right now the possibility to drop lower. As I already explained you in the last analysis I do expect a bigger drop on EURUSD from the monthly perspective. WHY?
- because the market did not provide us a retracement to the 0.381 Fib Level. This is the minimum what we want to see after an impulsive.
The market is since then in a very complex correction because the market movers are trying to close all their positions.
Current Situation:
As we can see right now we are at a very strong Resistance Area. From here we have a good possibility to short EURUSD. Wait for the market to show some bearish sign before trying to short it.
What do you think?
- because the market did not provide us a retracement to the 0.381 Fib Level. This is the minimum what we want to see after an impulsive.
The market is since then in a very complex correction because the market movers are trying to close all their positions.
Current Situation:
As we can see right now we are at a very strong Resistance Area. From here we have a good possibility to short EURUSD. Wait for the market to show some bearish sign before trying to short it.
What do you think?
✔️ Inner Circle ⭕️
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.