algofxpro

EURUSD: I'm Bearish Now!

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FX:EURUSD   Euro / Dólar Americano
I'm bearish on EURUSD today because in higher timeframes (daily, four hours, one hour, and thirty minutes) the price is rejected from the upper side and it's at the supply zone.

Also, got a rejection from Fibbonachi 38.20 with a 30-minute big engulfing candle. So, all the confluences are in my favor that's why, I'm bearish today at least for 1:2 RRR.

This is not a financial advice. Research your own and happy trading.

Thank you

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