Recently, the EUR/USD pair has been trading sideways at the price of 1.1269. Anyway, according to the H1 time – frame, I found a breakout of the intraday bearish flag in the background, which is a sign that sellers are in control. The short – term trend is bearish and my advice is to go with the trend. Watch for selling opportunities. The downward target is set at the price of 1.1215.
The material has been provided by InstaForex Company – www.instaforex.com
Recently, the EUR/USD pair has been trading sideways at the price of 1.1269. Anyway, according to the H1 time – frame, I found a breakout of the intraday bearish flag in the background, which is a sign that sellers are in control. The short – term trend is bearish and my advice is to go with the trend. Watch for selling opportunities. The downward target is set at the price of 1.1215.
The material has been provided by InstaForex Company – www.instaforex.com
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