EurUsd- a new leg down towards parity?
Yesterday, EurUsd dropped more them 100 pips after touching 1.10 technical and psychological resistance.
The short term upwards trend line is broken and the pair is trading now at 1.0875.
A break and close under 1.0850 would confirm that the long term downtrend has resumed and would open the door for further losses towards 1.0650 support and evem parity furthermore.
Sell rallies could be a good strategy
The short term upwards trend line is broken and the pair is trading now at 1.0875.
A break and close under 1.0850 would confirm that the long term downtrend has resumed and would open the door for further losses towards 1.0650 support and evem parity furthermore.
Sell rallies could be a good strategy
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