A possible good EUR/USD short opportunity
Expecting some continuation of volatility in markets coming days, giving some opportunities for day trading.
We can see a good sell opportunity if we get to the important level of resistance ( red zone ), combined with an advanced pattern formation, and expecting a continuation in the weakning of EUR and GBP with sell offs to other currencies and assets ( USD, JPY ) or other assets ( bonds , gold ... )
Note : As always it's just a small market analysis from the technical view. A part of an overall profesionnal trading approach with ( fundamental analysis, economic leading indicators analysis, carry trades review, CFTC review, portfolio money management parameters review .... ) , no trading ideas are coming only from charts.
We can see a good sell opportunity if we get to the important level of resistance ( red zone ), combined with an advanced pattern formation, and expecting a continuation in the weakning of EUR and GBP with sell offs to other currencies and assets ( USD, JPY ) or other assets ( bonds , gold ... )
Note : As always it's just a small market analysis from the technical view. A part of an overall profesionnal trading approach with ( fundamental analysis, economic leading indicators analysis, carry trades review, CFTC review, portfolio money management parameters review .... ) , no trading ideas are coming only from charts.
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