ForexTrendline

EURUSD below 1,1000

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FX_IDC:EURUSD   歐元 / 美元
Yesterday we saw a drop on EURUSD which invalidates the expectations for short positions at the 1,1200 level.

There are 2 options to sell.

The first one would be if we see a pullback and rejection of the 1,1050 level.
The second one would be on a break and retest of the previous lows.

Both scenarios could happen today. We will have a better risk to reward ratio on the first one but a better confirmation on the second one.

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