EURUSD Short

٢٣ يوليو ٢٠١٩

EURUSD has broken key level 1.2 and through the demand zone, short term outlook of EURUSD seems to be bearish as market’s belief that the ECB will take a more aggressive approach to monetary policy than the US Federal Reserve. If price is able to retrace back to demand turned supply zone, it would be a good entry price for a short position.