EURUSD Short Continuation

Petezaa · April 9, 2020, 5:36pm

I’m expecting EURUSD to continue downwards from the 1.09636 area. This pair has been in a overall downtrend for a long time now, so I am aiming to catch the daily 3rd touch, alongside the 38.2 fib and 28 & 50 Daily EMA.

I find that these are strong confluences to send price down.

If you take this trade risk accordingly.

Also let me know what you think below. Cheers!

Treeny · April 9, 2020, 6:32pm

I can’t work this one out myself. I would expect it to go up but I’m not confident enough to put any money on it

ZacKing · April 10, 2020, 7:21am

downwards trend for some time i reckon here

Smith2525 · April 10, 2020, 1:06pm

I have been watching for the bounce today, but it has been slowly going up.

cashisking86 · April 10, 2020, 1:22pm

So much manipulation on this pair. The USD is in the toilet and yet pushing down.