ForexTrendline

Are we going to see a new low on EURUSD this week?

Kort
FX_IDC:EURUSD   Euro / USA-dollar
The downside move continues and it looks like we will see another low on EURUSD.
The pullback that happened on Friday gives us a chance to enter short again with targets at 1,0400.
This week, we also have FED Interest rate as well as NFP.
That could possibly mean big moves and potential reversals.

At the beginning of the week, we're looking for a breakout of the previous low and we don't want to see price breaking above 1,0600!

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