Looking at the weekly estructure of EURUSD in correlation with DXY USD index wich is confronting a support, it may be time for the pair to quit the bullish trend that has been following since '20 March. We should see a bearish market structure forming, making new lows behind 1.1500 level and heading to grab some liquidity beneath those levels.
Maybe it should be time to look for short positions mainly, specially for swing trades.
Let's see what happens! What do you think??
Leave your comment below :)
Maybe it should be time to look for short positions mainly, specially for swing trades.
Let's see what happens! What do you think??
Leave your comment below :)