ForexTrendline

EURUSD - entry after a pullback

Short
FX_IDC:EURUSD   Euro / US-Dollar
The downtrend on EURUSD is still valid and that's what we expect to see.
Right now it's not the best time to enter as we don't have a good risk to reward ratio, but in case of a pullback to 1,1200 we would expect entry opportunities.

We have important news again this week, that will cause some moves. This should remind us that we have to use proper lot size and a safe stop loss as well.

There are some great opportunities right now, so be patient and follow our daily analysis!

Good luck!

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