7 June: EURUSD could see limited upside before reversal
Hello everyone!
Seeing bearish momentum on EURUSD here, prices could see a pullback to test the entry which is in line with the 78.6% Fibonacci confluence levels and descending trend line. In terms of market structure, the support area is broken and we could see a short term drop here.
Trade ideas posted here daily, follow for the latest updates. If you have any views on the currencies please type in the comments below, I'd love to hear them!
Seeing bearish momentum on EURUSD here, prices could see a pullback to test the entry which is in line with the 78.6% Fibonacci confluence levels and descending trend line. In terms of market structure, the support area is broken and we could see a short term drop here.
Trade ideas posted here daily, follow for the latest updates. If you have any views on the currencies please type in the comments below, I'd love to hear them!