Potential Short-Term Reversal
Euro has been a long bearish trend since the beginning of the month.
Today, during the New York session price failed to break the lows after multiple attempts. It could be that the bear are out of steam to carry on further.
I am now looking to see how price reacts at the nearest POI, if that is broken than I would be looking for longs targeting the next POI.
Today, during the New York session price failed to break the lows after multiple attempts. It could be that the bear are out of steam to carry on further.
I am now looking to see how price reacts at the nearest POI, if that is broken than I would be looking for longs targeting the next POI.
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