ForexGoldenBoy

Breaking news : EURUSD, bearish scenario, act 3

Short
FX:EURUSD   Euro / US-Dollar

Act 2 just ended as expected
All that remains is to validate Act 3: The pullback.
Let's be clear, pullbacks are not an obligation, so prices could well go straight to parity.
Nevertheless, it is always a good thing to be prepared, because pullbacks are often the occasion of a retracement that on a bad day can turn into a market reversal that could ruin the scenario.
And if that happens here, it's best to be on guard to exit the position with the minimum possible loss.
That being said, we must recognize that on paper the downside has a lot to offer. The bearish scenario remains the dominant one while waiting for new elements
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