Mihai_Iacob

EurUsd- next target 1.0880?

Short
FX:EURUSD   Euro / Dollar Américain
EurUsd has been in a downward trend for over two years now, this being very clear on the weekly chart.
The attempt to change the trend failed and form a clear resistance around 1.2 zone
Also, the increase from the minimum of1.0880 formed a flag, clearly visible on the weekly chart.
I expect EurUsd to continue down and challenge 1.0880 support in the next week or so.

Strategy:
Sell
SL 1.1200
TP 1.0900

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