I missed out on a good shorting opportunity today. But other opportunities will arise. come out at a loss today so i clearly have much to learn.
Here is how i think the coming weeks will play out.
I think the pair will continue to fall to retest the level of support along the overall bull trend around the 1.203 level. Before bouncing back to form a higher high in the over all Bull trend. In addition the RSI is suggesting that the pair has been oversold. So could be looking for buys in the coming weeks?
the EURUSD has been in a bull trend for some time now. Do you guys think there will be a break of trend soon?
Here is how i think the coming weeks will play out.
I think the pair will continue to fall to retest the level of support along the overall bull trend around the 1.203 level. Before bouncing back to form a higher high in the over all Bull trend. In addition the RSI is suggesting that the pair has been oversold. So could be looking for buys in the coming weeks?
the EURUSD has been in a bull trend for some time now. Do you guys think there will be a break of trend soon?