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EUR/USD BEARS ARE GAINING STRENGTH|SHORT

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Euro / USA-dollar (FX:EURUSD)  
EliteTradingSignals Uppdaterad   
FX:EURUSD   Euro / USA-dollar
Trend Analysis Chart Patterns Wave Analysis EURUSD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis eurusd short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

EUR/USD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.081 area.

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