Euro / U.S. Dollar
Short

Fibre Is Weakening But May Still Have 1 More Rally Up Before...

198
EURUSD continues to weaken on the daily, but still have one more leg to go up and test the bearish order candle before the final breakdown. With buying pressure coming at 1.20725, fibre will likely rally up testing 1.22520 (or above), if this level is strong, then we will see a pullback and final breakdown of the pair to 1.19000. However, if 1.22520 is weak, then EURUSD will continue high creating higher-high.

N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades

FIBRE 2 Levels To WatchOut For. Selling Pressure May Increase

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