Euro / DollaroShort
EURUSD is breaking down
Since 2015 Q1, the EURUSD was in a rectangular consolidation mode for 92 weeks. EURUSD is already broken below 2015 March low 1.0465. Now investor should ask a question himself if this breakout is a real or false breakout?
A real breakout means it's going to go downside for the coming 2-3 months, it's time to short EURUSD. with measured target 1.03 and 1.0 and ultimate target 0.86. a real breakout should not pass 1.09 so the stop loss will be 1.09.
A real breakout means it's going to go downside for the coming 2-3 months, it's time to short EURUSD. with measured target 1.03 and 1.0 and ultimate target 0.86. a real breakout should not pass 1.09 so the stop loss will be 1.09.
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