Market is net short & I hold a contrarian view on EURUSD. The price is also still below 200EMA previous breach of the 200EMA is not decisive shows that the bulls are not ready the push it up and higher.
I think that EURUSD might reach new lows.
The above is purely my observation and analysis, it does not constitute as any investment/trading advice.
I think that EURUSD might reach new lows.
The above is purely my observation and analysis, it does not constitute as any investment/trading advice.
註釋
Looks like it will swing to 1.12x level before coming down. Am looking to add shorts around 1.12x level.
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