ForexTrendline

A trend reversal on EURUSD?

FX_IDC:EURUSD   Euro / U.S. Dollar
Yesterday we looked at possible aggressive buys on EURUSD and now we have a breakout of the lows.
That means we could be looking at a trend reversal on EURUSD and price potentially continuing lower.

There is a higher probability for a downside continuation now but we would like to have a pullback in order to enter short.

Meanwhile, we're still focusing on the JPY pairs where we currently have better opportunities.

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