Hi traders,
this picture talks for itself(EURUSD monthly chart). EURUSD has certainly a long way down to ride. A multi month down scenario seems more and more easy to figure out. Moreover, today's news challenge the psychologic 1.20 level. I'm betting on further loss for the sessions coming. Next target 1.18.
The market might be calm as traders await for NFP on friday.
Good luck to you all and may the trend be your friend!
this picture talks for itself(EURUSD monthly chart). EURUSD has certainly a long way down to ride. A multi month down scenario seems more and more easy to figure out. Moreover, today's news challenge the psychologic 1.20 level. I'm betting on further loss for the sessions coming. Next target 1.18.
The market might be calm as traders await for NFP on friday.
Good luck to you all and may the trend be your friend!