EURUSD ( LONG TERM SETUP VIEW FOR THE FIRST QUARTER )

Last Week, Eurusd broke out of the channel that as been developing for weeks. Price shot up to a new highs, then bulls started loosing momentum after hitting the resistance above the channel, now we may see more bearish moves in the coming weeks as Eurusd is on a long term bearish trend.

I expect price to reach the T.P zone(1.06300) sooner or later, Time would tell !

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You should therefore carefully consider whether trading is suitable for you in the light of your financial condition.

Goodluck !