EurUsd- eyes on 1.17

23 thg 8, 2020

Last week, EurUsd started strong, and on Tuesday broke above 1.19 important resistance just to reverse the next day proving a false break. Next 2 days were consolidation-drop and on the weekly chart, we have a long-tailed Pin Bar.
On H4 chart we can clearly see 1.17 support and I expect a drop to that level in the next few day.
Thus being said, sell rilles is my strategy for next week and I will remain bearish for this pair as long as the price stays under 1.2