EURUSD is selling hard, 4hr
EURUSD reached a very strong resistance zone at 1.08950 and lost momentum. With a reversal Head & Shoulder pattern the pair changed direction and gave us a good selling opportunity.
With a steady Dollar we could expect a sell on EURUSD and GBPUSD for the rest of the week. The expectation of Trumps presidency has resulted in some strength in the dollar as analysts said he would be likely to enact protectionist trade policies.
With a steady Dollar we could expect a sell on EURUSD and GBPUSD for the rest of the week. The expectation of Trumps presidency has resulted in some strength in the dollar as analysts said he would be likely to enact protectionist trade policies.
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