EUR/USD has been falling since the beginning of the month and it looks like it is not going to stop:)
I suggest you to use this movement to our advantage and recommend to open a short position from 1.07130. Stop loss 1.07730 at the level of the breakdown of the Moving Average (50).
First target: 1.06400 (local resistance)
Main target: 1.05330 - local minimum from February of this year.
I suggest you to use this movement to our advantage and recommend to open a short position from 1.07130. Stop loss 1.07730 at the level of the breakdown of the Moving Average (50).
First target: 1.06400 (local resistance)
Main target: 1.05330 - local minimum from February of this year.