EURUSD SHORT

The market is ranging between Daily zone 1.1900 and Weekly zone 1.16200.

The market has made multiple retests of the 1.1900 area/zone and failed to break it: bearish indication.

We are looking for a break below the previous 4hr low to indicate the start of a downtrend.

Confirmation: 1hr strong bearish marubozu, bearish engulfing, etc. below the 4hr zone.

Trade: Trade at the close of candle which breaks below zone.
EURUSDeurusdforecasteurusdshortTechnical IndicatorsTrend Analysis

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