Euro / US-Dollar
Short

Did you sell the EURUSD?

1 191
We had a great selling opportunity yesterday

When should we sell on EURUSD?


Now it's too late!

We expect that this downside move will continue down to 1,1700, however we suggest that you stay away from selling.

Why?

-in best case scenario you get RRR of 1:1 and we're looking for a greater one
-price is heading down to a strong support which means we could see reversal at any time
-Powell is about to testify before the congress
-there is a better opportunity on another USD currency pair

Everyone who's got short trades from yesterday could move their SL just above 1,1850!

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