Euro / U.S. Dollar
Short

EURUSD potential sell opportunity

90
EURUSD may have done a false breakout as on Friday, after Powell's speech indicated a potential rate cut weaken dollar and market has printed a 4h bullish candle breaking out of the bearish channel. As later this week bull could not create any more bounce, instead, upon multiple false breakout the market trending again to the major direction of the trend. Yesterday daily candle printed with a sharp bearish candle with strong rejection from the higher price,
Today's price so far showing down trend continuation created a daily high which is our main focus today for potential sell opportunity to the major direction of the trend.

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