I do certainly believe that EURUSD, with the help of raising DXY, can go bearish in the following 3-4 weeks. However, long term EURUSD is bullish, and in a positive trend channel. On Daily, rsi is increasing but it has been a little weak last 3 days, on 4h RSI is decreasing. I'm looking towards a short-position and transfer it to a long position at 1,195. What do u guys think? :D
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I'm looking towards taking the trade after seeing one more bearish closing below the current zone. I'll update on Tuesday :D
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