VasilyTrader

EURUSD Back to Bearish Trend?!

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FX:EURUSD   Euro / Dólar Americano

major falling channel on a daily is on focus.

after a confirmed bullish breakout of its resistance last week,
the market has returned within the boundaries of the channel on Friday.

it makes me think that eurusd returns to its long term bearish trend and
during the next few weeks, we can anticipate bearish continuation to retest current structure low.

if you don't have a selling position yet, look for a retest of a resistance to short.
it gives the safest spot for sell entry.

good luck!

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