MMBTtrader

EURUSD losing supports and soon huge fall is coming

Giá xuống
FX:EURUSD   Euro / Đô la Mỹ
for short-term traders we talk about market at the weekend and discuss about sell opportunity's on this important area :

But if we see market with different view we can see that EU is getting weaker and weaker important Area shown on chart AsRed rectangle , on that area we have most and heaviest daily support why?
1.previous daily resistance that is now turn to support(short-term Analysis target ) price can easily fly from this area
2.lower side of channel

Red Path:we expect DXY continue pumping cause it shown strength as we expect :
and then we expect the price break this red important zone and continuation to down side and targets .
Targets :
A. 1.1860
B. 1.1760
C. 1.1640

Notice :the market has strength as we talked about that got support on red zone and price pump like an purple arrow shown

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