EURUSD – Up
EUR/USD has been trading on a downward trend. Price went below a support zone 1.1830-1.1802 with a big red candle then corrected to it twice before rallying down towards 1.1564,it could not penetrate below it and was rejected, currently it is pulling back to 1.1830-1.1802 and I expect a rejection of it within the zone for possible bearish momentum towards 1.1564 and a possible breakout below it for a further decline in price towards 1.1136.My advice, wait for a correction to 1.1830-1.1802 to short the pair within the zone with your take profit at 1.1564 and stop loss around 1.1944.
Wait for a correction to 1.1830-1.1802 to short EUR/USD.
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