EURUSD: Bearish Wave & Breakout

2020年2月13日

without any hesitation, EURUSD has easily broken below a strong daily horizontal support
and now bears are pushing the market lower.

analyzing weekly chart it looks like a bearish wave proceeds.
The next target for bears will be a support line of a falling channel that the market is following from 2018.

if you still hold a long trade, I believe that the best option for you is to embrace the loss and stop struggling!

good luck!