Euro / ABD Doları
Satış

EURO: Short-term Decline Ahead

105
Hello,

Looking for a temporary decline on EURUSD today as I am anticipating Dollar to pick up some strength.

Needless to say, I'm unsure of the weekly direction as I need more framework to determine a decision, but after moving away significantly from 1.17702 to 1.17444 as I delineated in my previous post - we are due for some sort of retracement to the downside.

How far can that retracement be? I'm not sure. I'm leaning towards 1.1780 as a reachable and realistic objective. 54.4 points away from current prices, which provides a great window of opportunity to capitalize from.

For now, I am focusing on shorts to 1.1780.

GLGT

Feragatname

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