EURUSD remains bearish. Currently, the price is at a major resistance zone, specifically at 1.0762. We anticipate the price being rejected at this zone and subsequently dropping impulsively to the downside. If the price breaks and closes above this resistance zone, it will invalidate this setup. Our expectation is for the price to drop, reaching at least 1.0633. If you are currently holding a sell trade, I highly recommend moving the stop loss to breakeven to lock in profits, as the price is approaching our target.
Trade Recommendations:
We’re short for now
Origin: FreshForex
