EURUSD - BEARISH - 1.0500 TARGET

Traders, price is boxed in between 1.0575 and 1.0615. Bearish sentiment. A break of support and continuation will see 1.0500 target hit. Expecting a pullback(possibly to 1.0635/50) where we can look for SELLS if price action looks favorable. Be ready to trade either way.
DIONNG

Kommentera:

Traders, EU breached 1.0500(1.0488 low) and is trading around 1.0512(02:20). We are still bearish on this pair and any push higher may be met with resistance. Short-term buy opportunities to areas of supply and/or continuation lower(if support breaks). Ideally, we would want support tested and a significant bounce to the upside to consider BUYS. Trade accordingly.
DIONNG