Euro / US-DollarShort
Lingrid | EURUSD making LOWER Lows. Potential PULLBACK trade
The price perfectly fulfilled my previous idea. It hit the target level. EURUSD is trending downward, consistently making lower lows, and is currently testing the August low after breaking and closing below the psychological level at 1.08000. Given the bearish momentum that the market has gained, I anticipate a continuation of the downward trend. I expect the price to pull back toward the swap zone and then continue making lower lows, If it gives a sell signal during that pullback. My goal is support zone around 1.07550
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
EURUSD is trending downward, consistently making lower lows, and is currently testing the August low after breaking and closing below the psychological level at 1.08000. Given the bearish momentum that the market has gained, I anticipate a continuation of the downward trend. I expect the price to pull back toward the swap zone and then continue making lower lows, If it gives a sell signal during that pullback. My goal is support zone around 1.07550Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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