Mihai_Iacob

EurUsd- Best place to sell for joining the trend

Kort
OANDA:EURUSD   Euro / USA-dollar
Yesterday I've written that I expect EurUsd to drop towards parity (and even lower in fact).
As we can see from the daily posted chart, after reaching the 1.0350 low, the pair is on the rise.
In my opinion, this is just a correction and can offer bears a good selling opportunity to join the downtrend.
1.0750-1.0800 is a clear horizontal resistance and here I will look to sell.
EurUsd back above 1.10 would negate my bearish outlook

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