EURUSD – Bearish, shorts in play

Yesterday I wrote about the EURUSD, it was trading in a short term range in between 1.3409 and 1.3284, but earlier this morning the Euro broke through the ST support level triggering a bearish market condition:

I like the fact that the next LT support level is at 1.2904, so there is plenty of room to get a good RRR before the market reaches that level.

Keep an eye open in the EURUSD

Have a great weekend!

Raul Lopez
Forex Training

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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 .