EURUSD SHORT OPPORTUNITY

2 мая 2021 г.

The weekly TF shows price has respected resistance 1.25600 and I see EURUSD generally in a downtrend. The daily TF shows the close of Friday with strong bear momentum at level 1.19966. I believe price will first have a correction phase at this region before moving impulsively to the downside. A good entry would be at the break off this level to short to 1-18601.