Price action: Overall eurusd trade is getting performance at very good potencial Bearish idea. Price close from previous weekly close on the bear edge. This means that sellers finnaly showing power, which will tell us what to do next. If the price will break 1.10840 Support level, then as a long bearish term, we can follow weekly analysis report and targets. If the price get declined then we still can see retracement from second resistance which is at 1.11730 level.
Potencial trade idea:
Bulls targets: T1: 1.11730
Bears targets: T1: 1.08739 T2: 1.06702
NOTE – We are trading EURUSD via the preferred trading setups by EliteFxAcademy
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