Euro / U.S. Dollar
Short
Updated

EUR/USD will likely test the bottom of the KUMO next week

836
Hey guys,

As mentioned in my previous analysis, I am bearish on EUR/USD (check my previous analysis).

The pair didn't manage to break above 1.2420 and was rejected multiple times.

I am expecting the pair to visit the bottom of the KUMO which should act as a support. Should it fail, new targets will be developed.

Trade with care.

Cheers

Jesse

Note
*** EUR/USD Update***

The pair has shown some strength and is now in a strong resistance zone according to MP.

I am expecting this bounce to fail and reach the previous strong support zone, at least.

Cheers

snapshot
Note
Same opinion, EURUSD consolidating in a range

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