EURUSD: Bearish, looking for shorts

Written by Raul Lopez on . Posted in Trades & Analysis.

Right now the EURUSD is in a bearish market condition, it got rejected from an important resistance level. In the short term charts, the EURUSD is trading in a pretty tight range:

EURUSD
EURUSD

Notice also it is trading below the low of the previous session, which makes it slightly more bearish. I would wait for the EURUSD to break the bottom support level for confirmation.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .
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