EURUSD SELL

EURUSD

Preference:
After testing a gap on the daily EURUSD responded with a strong downtrend. At the 23.6 price created a short pullback that turned out to be a bear flag to continue the downtrend. If price fails to break above the 23.6 there is a good chance the downtrend will resume to retest the lows.

Alternative Scenario:
We need to see price respect support a create a new support level before looking for a buy on the pair.