The current bullish wave (major retracement) is probably coming to an end soon.
EURUSD has been ranging since early this month after it hit the lowest at 1.092.
The price is currently trading at the high of the range and is also about to reach the top (selling zone) of a 39-month falling channel.
With that, I think we can keep it simple and sell EURUSD in the middle of the week should it continues to climb and reach the demand zone around 1.1170.
EURUSD has been ranging since early this month after it hit the lowest at 1.092.
The price is currently trading at the high of the range and is also about to reach the top (selling zone) of a 39-month falling channel.
With that, I think we can keep it simple and sell EURUSD in the middle of the week should it continues to climb and reach the demand zone around 1.1170.
