Short term sell for EURUSD

1 juin 2020

see chart

1 juin 2020

Note

please note that this is a short term sell opportunity as I am still bullish on the long term. USD is more likely to fall than strengthen, so the fall in EURSUD is an opportunity to accumulate. The crucial line to watch is the main bullish trend line, if it stays intact, continue loading up.

Where else are you going to buy low , sell high if there is no correction ? So, this kind of moves/correction is healthy and it also provides opportunities for late buyers to come in as well.

3 juin 2020

Note

wow, what a fierce bull run for EURUSD. It has now revisited the peak of 16 March 2020 price level and there would be ECB announcement soon. So those who long, take profits. Those who wish to sell, get ready.