ForexTrendline

The downtrend on EURUSD continues

Short
FX_IDC:EURUSD   Euro / US-Dollar
On Friday we saw price drop to the previous lows at 1,0767.
From there we could expect a possible pullback and another drop to break below those lows.
This is one way to enter short trades on rejection of the zone.
It's probably the better option as it will give you a good risk to reward ratio.
The other way to enter a trade here would be to wait for break and retest of current support.

On both scenarios we're expecting to see price reaching 1,0673.

This week, we want to get into a short trade once we have a clear signal.

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