ForexTrendline

When should we sell on EURUSD?

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FX_IDC:EURUSD   Euro / USA-dollar
EURUSD broke outside of the hourly trend but still remains in a downside direction.

Today we could see a further upside move above 1,1900, however this will only last for a short period of time.
It will activate the buyers and turndown the sellers in the market.

Don't rush to buy!

Wait for the higher probability scenario which will be a downside move.
This downside move should be an impulse. The US dollar news today are great opportunity for this.

If price goes above 1,1900 and it then reverse, that will be a perfect selling opportunity.

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