Michael_Harding

EURUSD - Bears Are Still Present

Kort
FX:EURUSD   Euro / USA-dollar
Taking at a look at the daily chart, we still haven't exactly broken below the ascending trendline, but there's no reason to go long at these technical levels which leaves me to believe a bearish breakout is still highly likely.

For those asking "how should I trade this?" Well, wait for the breakout, then wait for the pullback to go short and place SL above TL with some breathing room.

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