WHY EURUSD REMAINS A BULLISH BIASED TRADE

1 May 2021

With 3 touches on the declining trendline, EURUSD has prepared itself for a fall and I'm expecting the pair to continue its bearish move as market opens Sunday night till Tuesday/ early Wednesday London Open. Looking at the monthly chart, April was bullish (with an inside-bar) ending a 3-month decline of the pair. May most likely will be bullish with an attempt for price to test 1.22000 or above with possibility of reversal at 1.21500


N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades