EURUSD test the support at 1.0830
Next target: 1.0650
I see EURUSD trade below Kumo cloud for the first time since April 27, 2015
I think this is a clear signal for a stable bearish trend.
It's very difficult for a break above Kumo cloud unless there is a strong momentum.
Moreover, I see a strong arguement for the down :
- Look at on the chart: Three consecutive bearish candlesticks
That why I believe EURUSD will continue to go down next week.
Next target: 1.0650
I see EURUSD trade below Kumo cloud for the first time since April 27, 2015
I think this is a clear signal for a stable bearish trend.
It's very difficult for a break above Kumo cloud unless there is a strong momentum.
Moreover, I see a strong arguement for the down :
- Look at on the chart: Three consecutive bearish candlesticks
That why I believe EURUSD will continue to go down next week.
