Recently, the EUR/USD pair has been trading upwards sideways at the price of 1.1367. Anyway, according to the H4 time – frame, I have found that there is a breakout of the 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 watch for selling opportunities. The downward target is set at the price of 1.1220.
The material has been provided by InstaForex Company – www.instaforex.com
Recently, the EUR/USD pair has been trading upwards sideways at the price of 1.1367. Anyway, according to the H4 time – frame, I have found that there is a breakout of the 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 watch for selling opportunities. The downward target is set at the price of 1.1220.
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: